New 4.8M euro Cleves investment in Sofia
Cleves (www.cleves.bg), the upmarket apartment rental company, has acquired a block of 21 stylish apartments near the centre of Sofia. The Cleves deal is valued at 3.6 million euro excluding VAT; after finishing works, the total value is expected to be 4.8 million euro. The project developer was Arco Vara AS, through its subsidiary Arco Invest.
http://sofiaecho.com/2011/12/01/1216707_new-48m-euro-cleves-investment-in-sofia