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 4 Emblematic Sofia Cinemas Become Shopping Centers

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PostSubject: 4 Emblematic Sofia Cinemas Become Shopping Centers   4 Emblematic Sofia Cinemas Become Shopping Centers Icon_minitimeThu Dec 16, 2010 8:53 am

4 Emblematic Sofia Cinemas Become Shopping Centres

Four of some of the most popular former movie theatres in Bulgaria's capital Sofia are going to become shopping malls or supermarkets, the Bulgarian daily "
24 Chasa"
(24 Hours) writes.

The properties were owned by the fund TBIL (Trans Balkan Investment Limited – formerly Equest), which recently sold them to other investors.

One of them - the emblematic building of the "
Iztok"
(East) movie theater, on the Sofia main thoroughfare "
Tsarigradsko Shosse,"
across from the "
Pliska"
hotel, which has been closed for years and had deteriorated badly, is now remodelled and turned into a supermarket.

The building was purchased for EUR 1.43 M about six months ago by the supermarket chain Billa, owned by German concern REWE Group.

The "
Serdika"
movie theatre building also changed owners last year and now belongs to the company "
Agriway Holding"
of Vasil Zlatev, father of the CEO of "
Lukoil Bulgaria,"
Valentin Zlatev, who planned to turn it to a shopping mall and office centre. The project, however, remains frozen.

Recently, TBIL announced, through the information site of the London Stock Exchange where its shares are traded, that there is a contract for the sale of the "
Evropa Palace"
movie theatre in down town Sofia for EUR 1.5 M. The plan here is again to have a mini-mall with coffee shops and bars.

There is also a preliminary contract for the "
Urvich"
cinema, but the price is unknown.

"
24 Chasa"
cite own sources saying the buyer of the last two is the same company, which is constructing a shopping mall on "
Cherni Vrah"
boulevard, and belongs to Russian and Bulgarian businesses.
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Gimp
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PostSubject: Re: 4 Emblematic Sofia Cinemas Become Shopping Centers   4 Emblematic Sofia Cinemas Become Shopping Centers Icon_minitimeFri Dec 17, 2010 8:47 am

This is a real pity that all these places will be lost forever just as it is in the uk, there were hundreds of old cinemas in the uk in some lovely buildings to but now they are in building with no personalty such a shame because this is all part of the Bulgarian heritage which once gone will never come back 4 Emblematic Sofia Cinemas Become Shopping Centers 927475117
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pixi
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PostSubject: Re: 4 Emblematic Sofia Cinemas Become Shopping Centers   4 Emblematic Sofia Cinemas Become Shopping Centers Icon_minitimeFri Dec 17, 2010 10:37 am

I agree with you Gimp, this will part of their heritage gone such a shame will be regretted in years to come or will it. 4 Emblematic Sofia Cinemas Become Shopping Centers 927475117
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therowfamily
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PostSubject: Re: 4 Emblematic Sofia Cinemas Become Shopping Centers   4 Emblematic Sofia Cinemas Become Shopping Centers Icon_minitimeFri Dec 17, 2010 11:48 am

This is very sad as you quite rightly say Gimp but I also believe that the cinema is a culture thing and I'm not sure that the Bulgarians have embraced this yet? but your right about the buildings some of them are fantastic to look at and the architecture will be lost forever 4 Emblematic Sofia Cinemas Become Shopping Centers 927475117
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