ADFG planning Black Sea project | The National:
"Abu Dhabi Financial Group (ADFG) is planning to develop a vast site on the Black Sea in Bulgaria as part of a major push into eastern Europe.
It comes as the alternative investment group gears up to invest as much as €500 million (Dh2.07 billion) in the region over the next five years.
The group, which made headlines in London’s property market last year after revealing plans to redevelop New Scotland Yard and No 1 Palace Street, is involved in several projects across Bulgaria, Serbia and Montenegro, where it sees huge potential for growth. It also has franchise rights to develop Hard Rock Cafes in the countries."
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