Bulgarian Land Development (BLD) fund, registered at the London stock exchange, announced the purchase of five buildings from  Dimitar Blagoev Printing House in Sofia. The buyer, a joint venture between BLD and private investor Norhtridge Capital, acquired a gross actual area of 29 000 sq m, Investor.bg said.

The buildings were part of an eight-building industrial complex along Tsarigradsko Shose in central Sofia, which once housed the state printing house.

BLD and Northridge Capital announced that the buildings would be turned into 23 500 sq m of class A office space and 3 500 sq m trade floor, with 241 parking places, of which 183 would be underground.

For the full story, see propertywisebulgaria.com