Fourlis agrees to sell Sofia South Ring Mall stake for EUR 49.35 million
Reuters2026/08/07 11:20Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Fourlis agreed to sell its indirect stake in Sofia South Ring Mall operator Sofia South Ring Mall EAD for EUR 49.35 million.
- Buyer is Trade Estates Cyprus SSRM, a Trade Estates REIC unit, making the deal a related-party transaction.
- Fourlis holds an indirect 50% interest in the mall through subsidiaries and affiliates.
- Proceeds are expected to support core retail investment, strengthen results this year, release capital, improve financial flexibility, reduce net debt.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fourlis SA published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.
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