October 5 (SeeNews) - Bulgarian real estate developer Pavas plans to invest some 52 million euro ($73.2 million) by 2010 in the construction of a retail and office complex in Bulrgaria's capital Sofia, a company official said on Friday.
"Some 30 million euros are invested now [in the complex] and some 20 to 22 million will be invested for its completion in 2010," the manager of the complex's exclusive leasing agent Source, Krasimir Dimitrov, told SeeNews.
Vassilev Business City will be built on 4.2 hectares and will have 90,000 square metres of lettable area for office, retail and storage space.
The complex will also house a medical centre, art and relaxation centre, sport facilities and parking lot for some 1,500 cars.