Expat Beta
Expat Beta is a real estate investment trust (REIT) listed on the Bulgarian Stock Exchange – Sofia, regulated by the FSC and managed by Expat Capital. The fund aims at a balanced portfolio of commercial, office, residential, and vacation properties in prime locations. Several new investment projects are currently in the pipeline.
In Brief
- Focused on investments in high-quality newly finished buildings or empty plots in Bulgaria
- Listed on the BSE – Sofia in 2008
- Capital increase in summer 2010 from BGN 4.34 mln to 5.14 mln, almost doubling the number of shareholders
- Zero bank debt
- Market price around the nominal value – has not fallen during the crisis
- 100% free float
- 5 concluded deals
Concluded Deals
| KAMCHIA | TSAREVO | VARNA | BANKYA |
SOFIA |
|
| Location | Kamchia Resort, Varna Region | Tsarevo, Burgas Region – waterview property, overlooking the marina | Varna City, Vinitsa District | City of Bankya, St. Stefan Residential Complex |
Sofia, Lagera district |
| Description | Zoned for development and construction | 4-storey building with 9 apartments | A yard with a 3-storey residential building with Act 14 | 5 plots zoned for development and construction | 3-room finished apartment |
| Property size | 140,099 m2 | Plot – 284 m2 Built-up area – 826 m2 |
Plot – 390 m2 Built-up area – 640 m2 |
5079 m2 | 123 m2, plus 16.5 m2 basement |
| Price | BGN 4,096,094 | BGN 300,000 (186 EUR /m2; land – for free) |
BGN 300,000 (240 EUR /m2; land – for free) |
30 EUR/m2 (totalling EUR 152,370, BGN 298,010) | 211 EUR/m2 (totalling EUR 26,000, BGN 508,852) |
| Presentations and other documents | Project Presentation | Pictures | Pictures | Pictures |
INVESTOR RELATIONS MANAGER
Nicola Yankov
1000 Sofia, 96A Georgi S. Rakovski Str.
Tel.: +359 2 980 1881
Fax: +359 2 980 7472
E-mail: office@expat.bg

EN
REIT