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Hotel Serdika sold for EUR 10 million

Date: 09.01.2006

The investment fund Equest Balkan Properties plc, which raised 140 million British pounds on the London Stock Exchange for investments in Bulgaria and Romania acquired hotel Serdika against 10 million euro.

"Negotiations with potential new operators of the hotel are under way," Naomi Kora from Equest Partners Limited, which is the investment consultant of the fund, stated. According to RNS, London's Stock Exchange news service company, at present, Serdika is a three-star hotel with 131 rooms, situated in Sofia downtown.

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