LS Property, one of the major investors in Bulgaria Mall in Sofia, announced plans to develop a number of projects in Bulgaria for a total of 450 million euro, website investor.bg reported, quoting the company's executive director Miles Summerfield.

For Bulgaria Mall alone, the investment is expected to reach 160 million euro. The shopping centre has been designed with a total build-up area of 137 000 sq m, of which 33 000 sq m are retail space and 25 000 sq m offices. French retail giant Carrefour will occupy 5600 sq m, and earlier this year a contract has been signed with Arena Cinema.