Investment Vehicles » Real Estate Investment Trusts » Expat Beta

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
Up to date: 19.01.2012
REIT
Last price
BGN 0.92
Number of shares
5,143,190