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Bulgaria's ERG Capital-3 signs 3.5 mln euro prelim deal for sale of real estate

Bulgaria's ERG Capital-3 signs 3.5 mln euro prelim deal for sale of real estate wrangler/Shutterstock.com

SOFIA (Bulgaria), September 14 (SeeNews) - Bulgaria's ERG Capital-3 REIT [BUL:5ER] has signed a preliminary contract for the sale of real estate worth 3.5 million euro ($4.1 million) on September 13, it said on Friday.

The final contract is expected to be signed on November 15, the real estate investment trust said in a bourse filing.

If certain arrangements in the preliminary contract are not fulfilled, the final contract may not be signed, ERG Capital-3 REIT noted.

($ = 0.8574 euro)

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