Sofia business park sets EUR 180 mln record

Germany's Linder Group has sold Business Park Sofia to Gramercy Capital, a US-based REIT, for EUR 180 mln. The price paid for the office, warehouse and logistics property has set a record in Bulgaria, according to a report on the website of a local newspaper. The transaction related to 12 buildings in the park with a combined floor space of 180,000 m[sup]2[/sup]. Nine of the buildings are in operation while the other four are due for completion by the end of 2007.

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