Benchmark Property Fund struck final deals for the sale of five stores in Plovdiv retail centre
Currently, Benchmark’s shares are traded from 2 to 2.10 leva.Benchmark Property Fund sold five of the eight shops located in Plovdiv’s commercial centre, with final agreement signed on October 23. The total amount of the transaction came to 5 543 880 euro without VAT.The await dividend, calculated on the basis of the already realised sales, is 0.23 leva. The REIT has already negotiated the terms of previous contracts for the remaining three retail units, and the final sale is estimated to be completed by the end of the year. After all eight stores are sold, the dividend, which will be received at the beginning of next year, will be 0.38 leva.
The retail centre was acquired for 3 250 000 euro in 2005. Currently, Benchmark’s parts are traded from 2 to 2.10 leva. The company's portfolio embraces office buildings on Sofia's Rakovski and Tsarigradsko Chausse boulevards, a 214-apartment complex in Borovets, and a hotel complex in Kyustendil
I would like to thank Kiki on the wonderful work that she did in selling our apartment. She made everything run smoothly, she was always polite, punctual & answered any questions we had no matter how trivial some of them were. Very pleasant lady to do business with. Excellent service with smile.
— Gary, UK