Lantern Equity Partners is considering expanding its global real estate portfolio to the country of BULGARIA. They have asked you to prepare an 8 page report on the risks and opportunities in that market. In this report you should cover (to the extent available) property rights and its protection, economic outlook, financial environment, government and economic stability, international connectedness (trade, etc.) as well as its real estate institutions and markets. The broad scope of real estate returns in the country is also, obviously, welcome, but this will not be universally available. Provide some bottom line advice on the advisability of real estate investment in the country, and the type of investment that you would advise.
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