City Development REIT Raises 1.698 Mln Leva In Capital Increase
The subscription, part of the the initial capital increase procedures of City Development REIT-Sofia, ended successfully on November 23.
Those, who bought rights, subscribed a total of 169,804 new shares issued in the capital increase.
The issue value of subscribed shares, totaling 1,698,040 leva has been entirely deposited in the company's account in UBB.
The IPO costs stood at 15 334.60 leva.
City Development REIT currently has investments in two residential projects – Perlite on Cherni Vrah Blvd in Sofia, and Ovcha Kupel in Ovcha Kupel area in Sofia.