FairPlay Properties REIT (

) signed on April 11 a final contract for the purchase of zoned land in Sofia's Studentski Grad residential district. The land plots have a total area of 8,667 m2, x3news reports. The preliminary contract was signed on December 18, 2007.

The value of the deal stands at 5.7 mln euros (VAT excluded), which means that FairPlay Properties paid 658 euros per m2 for the properties.

A total of 220 shares in the company have traded hands on the Bulgarian Stock Exchange (BSE) so far today. The price of the is 3.76% up to an average of 1.93 leva per share.