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SOFIA (Bulgaria), July 12 (SeeNews) - Bulgaria's ERG Capital-3 REIT [BUL:5ER] said that it is seeking the approval of its shareholders to sell real estate assets for a price of at least some 6.6 million euro ($7.4 million), VAT excluded.
Both properties intended for sale are located in Sofia, the company said in a statement earlier this week.
Bulgaria's ERG Capital-3 REIT shareholders will vote on the proposal at a meeting scheduled for August 19.
In November last year, the company sold real estate assets for 3.5 million euro.
($ = 0.8894 euro)