Charlotte
19-02-06, 10:20 PM
Real Estate companies were among the most interesting players on the Bulgarian stock exchange last week. The initial offering of the shares of Bulland Investment was successful for the company, as their average price reached 0.29 lev per share (1 euro = 1.95 levs). This means that the market rates the shares of the new company at 29% above their face value. The company will float 100,000 shares more until Thursday. A report on the increase of the own capital of Advance Terafond, another company that specializes in investments in farmland, was made public in Wednesday. Over the last week, its shares were moving up and were traded in large quantities, helped by the news of the soaring land prices in Bulgaria.
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