London Sofia Properties and Salamanca Capital Investments have announced plans for a large-scale shopping center in Sofia with a cost of up to 120 million euro.
Bulgaria Mall will be located on the south-bound Bulgaria boulevard near a Billa outlet. The 80,000 sq m commercial facility will have 25,000 sq m of retail space and 20,000 sq m of office space. The complex should be ready by the end of 2009.

Three shopping malls opened in Sofia in 2006 with another 10 under development. The biggest projects in the pipeline are the Carrefour center near the Sofia airport and the development of Spain's Riofisa in the vicinity of the central train station. Salamanca Capital Investments is a real estate management company based in London with branches in Warsaw and Bucharest.