The second capital increase of Invest Property REIT has been completed successfully, BSE-Sofia announced.

The trust was planning to increase its capital from 650,000 leva to 5.85 mln leva via the issuance of 5.2 mln new shares with a face and issue value of 1 lev each. There were however 1.016 mln subscribed and paid shares or 16,400 more than the minimum required for successful capital increase.

After the registry of the increase in Sofia City Court, the Financial Supervision Commission and the Central Depository, the capital will grow to 1.666 mln leva.

Invest Property REIT posted a loss of 89,000 leva in the first quarter versus a loss of 40,000 leva in the same period last year.