Yavor Varna Signs a 12 Million Preliminary Agreement for the Sale of a Real Estate Property

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Yavor AD-Varna has signed a preliminary agreement for the sell-off of a real estate property valued at 12 mln euro, BSE-Sofia announced.

The agreement concerns a landed property with an area of 22,580 sq m, located in the city of Varna, 2 Oreh Str., with the buildings, equipment and installations built on it.

The advance payment of 30% from the value of the deal will be made within 15 days from the date of the agreement, and the rest of the sum will be paid within a 6-month term.

През декември 2005 г. общото събрание на дружеството взе решение за продажбата на 13 477 In December 2005 the general meeting of the company decided to sell a 13,477 sq m property in Varna along with the buildings on it at a price no lower than 2.5 mln euro.

Back then the company decided to sell the property to Bulgarian American Property Management EOOD – Sofia.

The last transactions involving shares of this company was made on 1 June when 4,000 shares were transacted at a price of 16.60 leva/share.

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