January 6 (SeeNews) - Bulgaria's Bulland Investments REIT [BUL:5BD] said on Monday insurance company Euroins Romania Asigurare Reasigurare has decreased its stake in the company to 4.92% on December 27.
Following the transaction, Euroins Romania Asigurare Reasigurare controls 738,415 shares in Bulland Investments, the REIT said in a bourse filing.
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Euroins Romania Asigurare Reasigurare owned an 11.72% stake in Bulland Investments REIT at the end of September, according to the REIT's most recent financial statement.
Bulland Investments REIT shares last traded on the Bulgarian Stock Exchange at a price of 1.07 levs.
Euroins Romania Asigurare Reasigurare is part of Bulgarian financial group Eurohold Bulgaria [BUL:4EH].
(1 euro = 1.95583 levs)