Tishman International Officially Starts Construction of Sofia Airport Center

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Boyko Borisov, Mayor of Sofia, John Beyrle, US Ambassador, Jeremy Hill, UK Ambassador and Alan D. Levy, Chairman of Tishman International turned the first sod of Sofia Airport Center. High-level management of major international companies, government officials, project consultants, and other invited guests of the company attended the Ground Breaking event. The recent Bulgarian sensation at Eurovision, Stoyan and Elitza, gave an impressive performance for Tishman's guests. "We are honored to lay together the foundations of Bulgaria's Premiere International Business Park - Sofia Airport Center. Our ambitions are to enhance the Airport area, make it a vibrant business community that will bring an entirely new face to the Bulgarian capital" said Mr. Alan D. Levy, Chairman of Tishman International Companies.

Boyko Borisov, Mayor of Sofia, John Beyrle, US Ambassador, Jeremy Hill, UK Ambassador and Alan D. Levy, Chairman of Tishman International turned the first sod of Sofia Airport Center.

High-level management of major international companies, government officials, project consultants, and other invited guests of the company attended the Ground Breaking event. The recent Bulgarian sensation at Eurovision, Stoyan and Elitza, gave an impressive performance for Tishman's guests.

"We are honored to lay together the foundations of Bulgaria's Premiere International Business Park - Sofia Airport Center. Our ambitions are to enhance the Airport area, make it a vibrant business community that will bring an entirely new face to the Bulgarian capital," said Mr. Alan D. Levy, Chairman of Tishman International Companies.

Sofia Airport Center (http://www.sofiaairportcenter.com) will be an international-standard working environment in a landscaped business park setting. The concept incorporates three core elements, totalling approximately 165,000 square meters of commercial space: 100,000 square meters of Class A offices, 22,000 square meters of prime logistics space and a high quality hotel with associated dining, recreational, and conference facilities. The total investment of the project is more than 250 million euros.

Sofia Airport Center, located 300 meters from the new Sofia International Airport, will be developed and managed by Tishman Management Company EOOD, part of Tishman International Companies. The company will develop the project over several phases, with Phase 1 completions of an office building and several logistics buildings throughout 2008 and 2009.

Sofia Airport Center's development team includes the Bulgarian architecture firm "PROARH", international architects "Cigler & Marani Architects" and project and cost managers "Gardiner & Theobald". FORTON International and Cushman & Wakefield are the exclusive leasing agents of the project.

M3 Communications Group, Inc, the exclusive Hill & Knowlton Associate in Bulgaria, is the communications and public relations agency for the Sofia Airport Center project.

Tishman Management Company EOOD is part of Tishman International Companies, one of the largest American Investors and the only US based property developer in Bulgaria.

Tishman International Companies is active in the United States and Europe, with its European headquarters based in London. Tishman acquires, develops, manages, and finances commercial and residential real estate projects for itself and investment clients. Tishman has acted as a consultant and joint venture partner to some of the world's leading institutions and private investors.

For more information: M3 Communications Group, Inc., (http://www.m3bg.com).

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