Bulgaria's Largest Mall Opens in Varna in June

Sofia News Agency

The largest mall in Bulgaria will be opened in the Black Sea city of Varna on June 12 with a four-day program including music performances and fashion shows.

Mall Varna has a total all-out build-up area of 70 000 square meters, including 33 000 square meters of commercial space. Its 150 stores have already been contracted for the maximum period of ten years.

The mall in Bulgaria's Sea Capital will also have a parking lot with 800 spaces, a children's center named Capella Play, and an ice skating facility called Avangard Ice, as well as eight movie theaters.

The façade of the five-storey building of Mall Varna will be illuminated by a unique light show changing the light color every thirty minutes.

The Mall Varna was constructed by the Bulgarian Interservice Uzunovi Jsc. In the fall of 2007 it was bought by the Scottish Miller Developments, a subsidiary of Miller Group.

The price of EUR 120 M was record for the purchase of a commercial center in Bulgaria. This is also the second largest real estate deal in the country.