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Commenting article: US Realtor Gramercy Buys Sofia Business Park

US real estate investment trust Gramercy Capital Corp. bought a Sofia business park from German construction firm Lindner.

The price of the deal was EUR 180 M, real estate agents from Colliers International Bulgaria announced on Friday adding it marks the largest ever real estate investment in Bulgaria.
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#1
Dimitroff - 4 Dec 2006 // 08:24:02

Good investment I have to say. Although 180 M does not sound a very high price, the venture seems profitable in the future. And of course, no Bulgarian company can buy this because capital of 180 M seems a lot. So, foreign investors again will take the high yield on that investment. Nothing new.

#2
ady - 4 Dec 2006 // 11:25:14

hello,dimitroff. My name is Adriana Dragusin and I am a Romanian journalist. I have seen your article about this real estate transaction (I suppose this is your article...) and I would like to know if I can find out more. I'm waiting for your answer.

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