Germany's Bayerische Hypo und Vereinsbank has acquired 3.6267% of the capital of Agro Finance REIT, according to Bulgarian Stock Exchange's weekly bulletin. The stake of the bank rose to 36.337% after the transaction.

Agro Finance owned 6,814.6 ha of land as at January 31, 2008, a six-fold year on year increase.
The company has invested a total of 15.397 mln. leva so far, while the average price of its portfolio stands at 2,259.4 leva per 1 ha.

Arable land accounted for 98.73% of the agricultural land in Agro Finance's portfolio for the period.

A total of 6,703 shares in Agro Finance have traded hands on BSE so far today at an average price of 1.31 leva apiece.