January 27 (SeeNews) - Bulgarian financial regulator said it approved a prospectus of local real estate investment trust (REIT) Balkan and Sea Properties [BUL:BSP] for the issuance of up to 1.3 million new shares at a price of 21.50 levs apiece, corresponding to a total value of up to 27.95 million levs ($15.54 million/14.29 million euro).