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Real estate’s image

Christine McNeill, First Secretary Trade and Investment at the embassy, shared the UK’s unique experience in regenerating former industrial zones and other properties. The programmes implemented so far in this area showed that public-private partnerships were the best tool for achieving positive results in terms of employment, social benefits, education and others in places, which had been abandoned by both businesses and residents, McNeill told the forum.
Representatives of state bodies, municipal administrations and non-government organisations involved in the process of regeneration in Bulgaria, shared their experience and views of how the different authorities can participate in revitalising disadvantaged areas.
Further discussion during the June 1 session of the forum focused on “Hotel Chains in South-Eastern Europe – Enlargement Projects, New Market Players” and “Business Buildings in Bulgaria and their Capability of Attracting Institutional Investors”. 
The hotel chains discussion saw a presentation by Frederique Raveau, who is a development director for Central and Eastern Europe in Accor, France, Donka Sokolova, chairperson of the Bulgarian Association of Travel Agencies, and Rumen Draganov, head of the National Council on Tourism.

The forum was scheduled to continue on Friday June 3 with panel discussions on “High Yield or Low Risk – the dilemma facing the international property investors and Bulgaria’s chance to appear on their maps”, “Vacation Hotels or Second Home Resorts – where to invest now?” and “Participation of Bulgarian Construction Companies in Large-scale Investment Projects – who is ready to face the challenge?”.

Article by Ivan Vatahov