ERG Capital extended its contract with Praktiker Ltd for the rent of Praktiker hypermarket on Tsarigradsko Shose, Sofia till 12 February 2016, BSE reports.

„The contract was signed February 12, 2004 for a term of 10+2 years“ Boyan Ikonomov, ERG's executive director told profit.bg.

The monthly rent stays the same – 64 112 euro VAT not included, or 8 euro per sqm.

ERG Capital REIT's first quarter profit stood at 179,000 leva against 147,000 leva for the respective period a year ago.

Net sales revenues amount to 480,000 leva against 478,000 leva last year.The company's core capital stands at 3 mln leva and its shared capital is 4.869 mln leva.

2000 shares changed hands on the position at 4.00 leva, unchanged from previous trading session.