The companies are partners in three other Bulgarian projects: the Mall of Sofia, the Mall of Plovdiv, and the Sofia Business Park.Globes’ correspondent
A joint venture of Ocif Investments and Development Ltd. (TASE: OCIF), controlled by Arcadi Gaydamak, and Israel Theaters Ltd. has bought a 15-acre lot in Russe, Bulgaria for €27.5 million, including VAT. The companies plan to build a mall with 25,000-35,000 sq.m. of space. Ocif and Israel Theaters each own 45% of the Bulgarian company.
Ocif and Israel Theaters are partners in three other Bulgarian projects: the Mall of Sofia, the Mall of Plovdiv, and the Sofia Business Park.
Published by Globes [online], Israel business news - www.globes.co.il - on July 22, 2007
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