2000 Hyundai Property REIT Rights Were Sold in OneTransaction

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2000 Hyundai Property REIT rights were sold in one transaction today. The price was BGN 4.75 and the transaction value – BGN 9500.

Yesterday 1000 rights were traded at BGN 5.00 and these are the only 2 transactions for the 9 days of rights trading on the secondary market.

Yesterday BSE- Sofia announced that Reiffeisen (Bulgaria) Balanced Fund and Reiffeisen (Bulgaria) Shares Fund acquired respectively 7.43 and 7.74 percent of the capital of Hyundai Properties REITS while the US Polix Corporation bought 5.29 percent.

The final date for subscription of the shares from the capital increase of the company is May 3rd.
Till 2008 Hyundai Properties REITS are planning to include in their portfolio four active Hyundai sales and repairs centers( two in Sofia – in Darvenitsa and Liulin ares, one in Plovdiv and one in Bourgas) and two still in the process of construction, situated in Blagoevgrad and Sandanski.

The company will also buy the Hyundai central distributions building in Sofia – Hyunday Business Center on Sofia’s ring road.

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