104,048 rights, or 14.864% of all rights issued by ERG Capital 3 REIT, and entitling to subscription of shares from the capital increase of the company, changed hands in three transactions today.

The minimum price was 2.78 leva and the maximum 3.225 leva. Rights are traded under the code R3ERGC.

Trade on the position will continue till July 3, and the final date for subscribing shares from the capital increase is 26 July.

The fund is currently planning the development of 5 projects – Yavor, Zagora, Gerena, Sofia Ring and Burgas project. Properties acquired by the fund so far total 54 186 sq m of land, and within the next couple of years it is planning to acquire another 14 825 sq. m.

Bulgarian American Investment Fund AD controls 70% of its capital and Frank Bauer and Michael Hansberg have 7.86% and 7.50%, respectively.

At the end of today's session bids were at 2.52 leva and asks at 3.00 leva/share.