In a block transaction today Chimimport AD acquired 500,360 shares, or 76.98% of the capital of Hyundai Properties REIT, BSE reports.

The stock was transferred at 1.46 leva/share, or for a total of 730,000 leva (373,243 euros). The seller is Industrial Commerce Ltd which no longer possesses shares in the company.

As of today, Chimimport has stakes in three real estate investment trusts (REITs). The holding controls 23.077% in Capital Management REIT directly, and 100% through related parties, plus the same amount in CCB Real Estate Fund REIT.

Till 2008 Hyundai Properties REIT is planning to include in its portfolio four Hyundai sales and service centers (two in Sofia – in Darvenitsa area and Liulin area, and one in Plovdiv and Bourgas), as well as another two centers (in Blagoevgrad and Sandanski) which are currently under construction.

The fund is also planning to purchase the main distribution center of Huyndai in Sofia – Hyundai Business Center, situted on Sofia Ring road.

The last deal involving the company's stock on the BSE was made June 22 at 6.10 leva. Bids are currently at 6.20 leva, no asks are announced.