The Board of Directors of Alfa Property 1 REIT has decided to purchase two properties from Sofstroy AD, BSE-Sofia's website announces.

The properties are in the city of Sofia - one of them is situated in Darvenitsa area, Blvd Kliment Ohridski 59 and is on an area of 1313 sqm, the other is located near Kremikovtsi plant, Vrajdebna area, it's area is 16,393 sqm and it has been purchased together with the buildings on it (their total bulit-up area is 231 sqm).

According to the purchase contract the value of the deal stands at 539,095 leva.

In the beginning of April Balto-Slavik Ventures Limited acquired 50% of the capital of Alfa Property 1 REIT at 3.966 leva per share or for a total of 1.289 mln leva.

The company has a core capital in the amount of 650,000 leva and its shared capital stands at 2.415 mln leva, according to 1Q report. Tha last deal on BSE involving the stock of Alfa Property was made on 5 January at 39.00 leva per share.