Landmark business sold for 210 mln euro
 |
 |
 |
 |
Landmark business sold for 210 mln euro
Real estate investment company Landmark has been sold for 210 mln euro to a company set up by two of its managers. Bridgecorp, incorporated by Landmark managers Tania Koseva-Boshova and Richard McDonald, was chosen through an investment auction. Koseva-Boshova said they will continue the development of the acquired company - which has a portfolio of 22 office and retail developments, and will invest in new projects. The transaction price translates into a return of 7% to 8% for the various properties in the Landmark portfolio, said Bridgecorp. In Sofia, the company owns a 5,000 sq m logistics and office building near the Sofia International Airport leased long-term to express delivery company DHL as well as office centers on the Tsar Osvoboditel and Bulgaria boulevards. Landmark is also developing two office properties in Varna, on the Black Sea, and a commercial park in Plovdiv. The company also owns a stake in Black Sea Rama, a joint stock company currently building a golf course and villa resort under the same name near Balchik, on the Bulgarian Black Sea coast.
More news:
The new apartments in Bucharest with 25 percent less this year than originally forecast
Developer Stock Plus to list on Bulgarian bourse
Chimimport, realty co's eye sale of region's biggest wholesale market
Bulgarian construction co Planex eyes Romanian expansion
Managers Buy Out Bulgarian Real Estate Firm
Go-Ahead for Residential Park Sofia
Latest offers:
For rent Apartments 2 Bedroom in town Sofia - Pancharevo 700 EUR
For sale Apartments 1 Bedroom in town Sofia - Simeonovo 83000 EUR
For sale Houses Cottage Chalet in town Sofia - Pancharevo 799000 EUR
For sale Office building in town Sofia - Druzhba 2 6000000 EUR
For sale Factories Industrial in town Sofia - Voluyak 2000000 EUR
For sale Factories Industrial in town Sofia - Gorni Lozen 1500000 EUR
For sale Business Land Plots in town Sofia - Ovcha kupel 520000 EUR
For sale Land Plot Residential in town Sofia - Manastirski Livadi 1524420 EUR
For rent Houses Cottage Chalet in town Sofia - Krastova vada 1200 EUR
For rent Apartments 1 Bedroom in town Sofia - Centre 600 EUR
For sale Apartments 1 Bedroom in town Sofia - Manastirski Livadi 98000 EUR
For sale Apartments 2 Bedroom in town Sofia - Manastirski Livadi 185000 EUR
For rent Apartments 2 Bedroom in town Sofia - Centre 750 EUR
For sale Apartments 3 Bedroom in town Sofia - Centre 256000 EUR
For sale Land Plot Industrial in town Sofia - Mramor 1321355 EUR
For sale Land Plots for Houses in town Sofia - Boyana 514800 EUR
For sale Apartments 3 Bedroom in town Sofia - Slatina 177000 EUR
For sale Office in town Sofia - Centre 380700 EUR
For sale Office in town Sofia - Centre 380700 EUR
For sale Office in town Sofia - Centre 257000 EUR
For sale Office in town Sofia - Bakston 382500 EUR
For rent Apartments 1 Bedroom in town Sofia - Lozenec 950 EUR
For rent Apartments 2 Bedroom in town Sofia - Studentski grad 600 EUR
For rent Apartments 1 Bedroom in town Sofia - Centre 500 EUR
For sale Apartments 3 Bedroom in town Sofia - Strelbishte 240000 EUR