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Bulgarian insurer Euroins raises stake in Bulland Investments to 7.51%

Oct 12, 2012, 4:37:45 PMArticle by Vera Borisova
share
October 12 (SeeNews) - Bulgarian real estate investment trust (REIT) Bulland Investments [BUL:5BD] said on Friday that local insurer Euroins [BUL:5IC] raised its stake in the company to 7.51% from 1.6%.

Bulgarian insurer Euroins raises stake in Bulland Investments to 7.51%

On September 4, Euroins bought 770,000 Bulland Investments shares, the REIT said in a statement filed with the Bulgarian Stock Exchange (BSE).

No financial details were disclosed.

Bulland Investment last traded on the BSE on October 10, closing 0.96% higher at 1.055 levs ($0.7/0.54 euro) in a volume of 100 shares.

(1 euro=1.95583 Bulgarian levs)

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