Logistics Park Varna Building A6 Receives Construction Permit

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Logistics Park Varna Building A6 Receives Construction Permit

A month after the opening of Logistics Park Varna, the biggest complex of its kind in Bulgaria, a license for the construction of building A6 has been obtained.

With the opening of the A6 building, Logistics Park Varna will be employing a total of 200 people.

The building is set to be completed in 2009 H1. Meanwhile work continues on the other sections of the project – there will be a total of ten buildings with different usage – warehouses, offices and commercial areas.

The A6 building is a warehouse with additional office space. Its total built-up area is 11,595 m2, of which 10,200 m2 warehouses and 1,200 m2 offices. It is located in the southern part of the park. The building classifies as category 2 according to art. 137 of the Law on territory organization .

Logistics Park Varna is situated in the western industrial area of Varna and has total built-up area of 120,000 m2. It features modern warehouses, offices and commercial area.

The project's developer is Fair Play Commercial EAD. UniCredit Bulbank is providing additional financing. The total cost of the project stands at 57 mln euros. Some 18 mln euros has been invested so far. Colliers International is exclusive consultant.

Fair Play Commercial specializes in development and management of business properties – commercial real estate, warehouses and offices. The companies portfolio covers all areas in Bulgaria, focusing on big cities with economic growth potential.

Fair Play Commercial is a unit of the Fair Play International group.

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