Bulgaria Focus

Balkan and Sea Properties is set to diversify its portfolio and increase its exposure to Bulgaria’s real estate market with the proposed purchase of Spring Property owned by Vasil Bozhkov. The potential acquisition offers numerous advantages, including the expansion of its asset base, access to new properties, and increased investment activities in the market. However, there are risks associated with the purchase, including integration complications and potential negative impacts on the company’s financial position. Shareholder approval is required for the acquisition, and while there may be challenges, Balkan and Sea Properties will likely work to gain support from its shareholders.