The transaction involved the divestment of the existing retail asset together with a framework enabling the planned construction of a new, purpose-built development on the underlying land plot.
Hercesa International is a real estate group with over 45 years of experience and an extensive international portfolio spanning Spain, Bulgaria, Portugal, Czechia, Romania, Morocco, Mexico, Panama, and Ecuador.
FairPlay Properties REIT has sold the FairPlay Business Hub office building in the Hladilnika district of Sofia to First Big Orange Garden EOOD for EUR 23.04 million.
DSK Bank and OTP Bank have provided EUR 88 million in real-estate financing to an unnamed borrower for Bravo Sky, a commercial development project in Sofia.
Revetas Group has announced the disposal of the Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD.
