Investment fund Equest Balkan Properties plc (EBP) was considering the sale of the first shopping mall in Bulgaria, City Centre Sofia, Investor.bg quoted Naomi Kora, relations manager for the fund’s investors, on May 1 2008.
Furthermore EBP was also considering the sale of Serdika Forum, former Serdika hotel in downtown Sofia at Vassil Levski monument, and another project in Belgrade.
According to Investor.bg EBP was going to use the evaluation done by CBRE consultancy company, which evaluated EBP’s portfolio of 28 real estates in Bulgaria at 152 million euro.