Delta Planet in Varna
Delta Real Estate, Delta Holding member company, in cooperation with Bulgarian company AP investments, has finalized its acquisition of the shopping-mall in Varna, on the Black Sea coast. Varna is the second biggest city in Bulgaria and an important tourist center.
“This is not a first time for Delta to invest in the Bulgarian market, more than 10 years ago we invested in retail chain Piccadilly. Now, with the opening of the Delta Planet mall, we have the confirmation that Bulgaria is open for investments and that Serbian companies are welcome to your country” said Zorana Burlic, General manager of Delta Real Estate.
This project Delta Planet shoping mall is worth 120 million euros and it extends to 110,000 square meters, of which 40,000 square meters are for rent. It is developed together with partner AP investments from Sofia led by two well renown Bulgarian entrepreneurs Angel Angelov and Peter Dudolenski, which have wide range of investments trough real estate developments, healthcare, trade and retail.
This shopping mall is based on a new "retailtainment" concept that combines shopping experience and entertainment – it has a large interactive entertainment zones on 4000m2. For the first time, the brands like Pinko, Desigual, Ralph Lauren, Marco Polo, Cropp, Sinsay, Mango, Sport Depot, Sport Vision, Billa, Cinema City, and many others came to Varna. International brands Reserved and Mohito will open their latest concept stores in this shopping mall.
Delta Planet Mall was opened on March 28th and it is located at Boulevard Slivnica 185, has four levels, two of which are on the ground level because of the natural inclination of the terrain. There are an additional three underground floors for parking with 1300 parking places.
After the completion of InterContinental Hotel in Ljubljana, this project is yet another important investment of Delta in EU member-states. Delta is realizing its strategic decision to develop and expand its portfolio of shopping-malls and hotels and to be positioned as the leading real estate company in the region.