Gardens Group invests EUR 400m in Bulgarian scheme

Israeli property developer Gardens Group said it plans to invest EUR 400 mln in a mixed-use complex known as Garden City to be constructed near the village of Lozen in the district of Sofia. The complex will include houses, apartments, offices, a sports centre and schools. Gardens Group said that the project, which is by far the largest it is currently developing, is in the land purchasing and general project plan development phase.

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