Bulgarian real estate investment trust Activ Properties has added to its portfolio a 4.8 ha land plot near Sozopol, on the Black Sea, the company said in a filing with the Bulgarian stock exchange. The REIT plans to develop a vacation complex in the area. No further details about the project were immediately available. The company is in the process of acquiring more properties in the vicinity which will be re-zoned. These properties are not part of the protected wilderness tracts in the region, said executive director Dilian Panev.
DnevikAM
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