Qatar Eyeing Investment In Bulgaria's Tourism, Real Estate

He noted that Qatar still had interest in the project and Bulgaria had to be well-prepared for its implementation. Bulgaria's President pointed out that Qatar was also eyeing opportunities for investing in winter resorts, winter & SPA tourism, rural tourism, combined with cultural and historical tourism, etc. Plevneliev also drew attention to Qatar's special interest in the mining industry. "It may be copper, it may be gold, or it may be other metals. Qatar is a strategic investor which seeks joint production and concessions and investments in Bulgaria too," Bulgaria's President stated. He said that Qatar had also expressed interest in cooperation in the sphere of construction.

Investors lining up for bite at core real estate

"There has been a lot of demand for core globally," said Tamara Larsen, a senior research analyst at Seattle-based asset manager Russell Investments. "Perhaps the low-hanging fruit in the immediate aftermath of the financial crisis isn't nearly as plentiful as it was before, but there's still potential to find compelling investment opportunities." GAUGE The benchmark Open-end Diversified Core Equity Index measuring real estate returns had a 12.5pc annualised three-year net return through 2013, well above the roughly 8pc average in the past four decades, according to the National Council of Real Estate Investment Fiduciaries, which compiles the index. The gauge is known by the acronym ODCE, pronounced "odyssey." By comparison, the Moody's Baa corporate bond index, a fixed-income benchmark that many investors view as having the same moderate risk profile as commercial real estate, yielded an average of 5.2pc during the same three-year period. Core funds continue to attract net investment, according to NCREIF, the Chicago-based trade group for real estate investment managers. The 21 funds in the benchmark ODCE index saw net inflows of $2.7bn in 2013, after net increases of $5.6bn in 2012 and $7.1bn in 2011, according to NCREIF.