Notification on the purchase of a real property


On 11.01.2016 AKTIV PROPERTIES REIT acquired title of the following real property: ½ share of ZONED PROPERTY X – for dormitory and parking lot, district 2 according to the plan of Sofia city, Slavia country, with built-up and non built-up area, the whole of 2 506 m2, with registered address: Sofia city, Stolichna Municipality, Krasno Selo region, 21, Zhitnitsa Str. Due to concluded deal AKTIV PROPERTIES REIT is a sole owner of ZONED PROPERTY X alomg with AN ELEVEN-STORE BUILDING – A HOSTEL with a total area of 8008 square meters. AKTIV PROPERTIES REIT has developed a conceptual project for reconstruction and modernization of the hostel of appartment type in order to receive a construction permit.