Greek company pays EUR 10.5m for a part of a residential complex in Sofia.

Investment fund Lewis Charles Sofia Property, which is listed on the alternative investment market of the London Stock Exchange, has sold 10.3% of its residential complex, located in Sofia's district Vitosha. The buyer is an unknown insurance company, based in Athens. The project, which will have 109,774 sq m built-up area, is developed by Bulgarian firm Buysell Real Estate Agent. The investment fund has sold 61 apartments, 10 offices, 6 shops and 31 underground parking spaces. The sold area corresponds to 11,272 sq m of the total built-up area of the project.