Spanish real estate developer Riofisa has unveiled plans for the Civis Center Sofia, set to become the largest shopping centre in Bulgaria. The complex, covering an area of 280,000 m2, will house a shopping centre, hotel and office space for an estimated investment of EUR 270 mln. Work on the shopping centre will begin in the next few weeks, and it is scheduled to open to the public in late 2010.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
