Sun, Nov 22 2009

REIT Bulgaria draws 5M euro credit to refund business centre

Thu, Oct 01 2009 09:29 CET byDnenvik.bg 1251 Views
Real Estate Fund Bulgaria announced it had drawn a nine-year, 5 million euro loan from EFG Bulgaria to refinance its Kambanite Business Centre in Sofia.

The business centre was completed earlier in 2009.

The real estate investment trust said on September 30 that it had letted another 1500 sq m of offices in the building, bringing the total tenanted area to 65 per cent.

Hewlett-Packard Global Delivery Centre was the major tenant, with over half of the building’s space.

The offices were rented for three to ten years.

Kambanite Business Centre has four above-ground levels with a combined lettable space of over 15 000 sq m.
In addition, the centre provides over 200 parking lots.

Source: Dnevnik.bg

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