Health&Wellness REIT Buys a 89,000 Euro Apartment

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The Board of Directors of Health&Wellness REIT - Sofia decided the company should buy an apartment in Sofia, 79 Tzar Samuil St. with an area of 81.42 sq m, an 11-sq m basement and 10.31 sq m attic, along with 6.01% ideal parts of the common parts of the building and the respective ideal parts of the building right.

The deal is valued at 89,000 euro, according to BSE information. In the end of last week the company decided to buy a real estate property for 17.5 mln euro.

The regulated land plot is located on the territory of Varna’s St. St. Constantine and Helena resort complex. Its area is 24,013 sq m.

Recently Health&Wellness REIT increased its capital from 750,000 sq m to 975,000 sq m through the issuance of 22,500 new shares with a par value of 10.00 leva each.

The last transaction on this position was made on 23 March at 10.00 leva/share.

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