Friday 14 November 2008

Conference in Bulgaria discusses property market


Julian Georgiev, Manager of Simplibulgaria, (developers of Geshaview) recently attended a conference to discuss the effects that the global crisis is having on the Bulgarian property market.

The article reported that most speakers were confident that the real Bulgarian property market was starting to emerge.
Julian commented that "The industry was in need of 'hot spots', but 'hot spots' have short lives".  He went on to say "...we now have to analyze all the downsides of the business and the reasons that caused the poor performance of the market". 

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