Logistics Park Varna to be Awarded a Class A Investors Certificate

Stoyan Stalev, CEO of InvestBulgaria Agency, will award today a class A investor certificate to the member of the board of directors of Logistics Park Varna and CEO of FairPlay International Mario Zahariev.

The complex enjoys outstanding interest on the market - only a month after the building was launched there are candidates to rent all areas in the first two buildings of the complex.

Logistics Park Varna is the first project in the region to offer modern concept meeting the requirements of the warehouse lessees, effective product management and pleasant working environment all at the same time.

Investors in the project are Bulgaria’s leading building and investment company Fairplay International and Bulgarian Property Developments - a company, listed on the London Stock Exchange.

The exclusive consultant in the project is the consulting company Colliers International, leader in the property market.

Situated in the Western Industrial Zone of Varna, the logistics park will spread on total area of over 80,000 sq m and will offer high quality modern warehouses, offices and commercial premises.

Warehouse premises will occupy an area of 55,000 sq m including warehouses with temperature control, while commercial premises and offices will spread on respectively 10,500 and 13,000 sq m area.

The project is expected to be completed by the end of 2009 with investment totaling about 100 mln leva.

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