April 11 (SeeNews) - Bulgaria's Capital Management REIT [BUL:5CQ] said that local Holding Center [BUL:6C8] has cut its stake in the company to 3.41% from 6.13% on April 4.
Currently, Holding Center owns a total of 46,940 Capital Management REIT shares, the real estate investment trust said in a statement on Wednesday.
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Capital Management REIT shares last traded on the Bulgarian Stock Exchange at a price of 58.5 levs apiece, which would value the 2.72% stake sold by Holding Center at some 2.2 million levs ($1.3 million/1.1 million euro).
(1 euro = 1.95583 levs)