The shareholders of Bulland Investments REIT-Sofia will gather on 15 June 2007 on their general meeting. One of the points on the meeting’s agenda is the allocation of last year’s financial result, BSE announced.

In 2006 Bulland Investments REIT registered an accounting profit of 453,255 leva. The proposed decision is to allocate 23,849.86 leva as dividends (100% of the transformed financial result under Art. 10 of LREIT), and to leave 429,405.14 leva as non-allocated profit.

Bulland Investments REIT’s core capital stands at 5,469,641 leva. The gross dividend per share amounts to 0.00436 leva.

The last date for transacting shares of this company on the BSE-Sofia, as a result of which the holder will be entitled to take part in the capital increase, is 30 May 2007.

According to information of Bulland Investments the company currently owns 16,297 mln sq m of land with an average area of 7,989 mln sq m. The fund owns a total of 2,040 properties with an end-price including all costs of 179.34 leva/1000 sq m.

In March Bulland Investments REIT signed a preliminary agreement for the sale of a regulated non-built landed property in the Ovcha Kupel region, located on an area of 3,230 sq m for 435,000 euro (VAT not included).

No transactions were made on this position today. Bids/asks stood at 0.985/1.011 leva.