February 20 (SeeNews) - Bulgaria's Alteron REIT [BUL:2AL] said on Thursday that its shareholders have approved the company's plans to increase the capital of its unit Alteron Property by 5.4 million levs ($3.1 million/2.8 million euro) to 5.405 million levs.
Alteron REIT intends to increase the capital of its unit via an in-kind contribution, the company said in a statement.
The capital increase should be completed within 6 months of February 15, when Alteron REIT's shareholders approved the decision.
(1 euro = 1.95583 levs)