FairPlay Properties REIT completed the third quarter with BGN 291 thousands net profit, according its reports as at 30.09.2010. The Fund has realized BGN 19,8 thousand revenues from sales , 89% (17,71 mln ) of which are from finalization of sales agreements for 90 apartments from the complexes “Santa Marina”, Sozopol and “St. Ivan Rilski”, Bansko. The rest of the revenues are formed by rents and exploitation of properties.
Through the nine months of the year, the Company concluded new sales agreements of 139 apartments in “Santa Marina” with TBA 10 700 sq. m. at the amount of BGN 29,380 mln. excluding VAT.
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