The Better REITs in BGREIT
As a continuation of my series of posts on Bulgarian real estate and REITs, I am doing a short summary of the companies in the BGREIT index. The index is defined as: BG REIT is an index based on the…
FairPlay ($6F3:BU) Special Shareholders’ Meeting
In my post on FairPlay ($6F3:BU), I mentioned the coming special shareholders’ meeting. It was postponed from 6th to 10th December and proceeded uneventfully. Both resolutions passed. The company will be issuing debt of 3 million Euro. It’s anyone’s guess…
Historical Bulgarian House Prices, Rents, and Incomes
After the post on FairPlay, several people contacted me with questions about Bulgarian REITs and the real estate market. So, I compiled some historical data on house prices and rents in major cities. Unfortunately, information about the resorts is scarce…
BYD Plant in Bulgaria
This just in, BYD (BYDDF:US) will start a 50-50 joint venture with Bulgarian energy company Bulmineral. The plant will be located 50 km west of Sofia, in Breznik. Production will focus on electric buses for Europe, the Middle East and…
Economic Indicators for Bulgaria & Bulgaria Stock Exchange Basics
This will be a short, general post on Bulgaria and its stock exchange. Bulgaria Bulgaria is an Eastern European country of 7.4 million, bordering on Romania (north), the Black Sea (east), Turkey (southeast), Greece (south), Macedonia (southwest), Serbia (west). It…