Fourlis agrees to sell Sofia South Ring Mall stake for EUR 49.35 million
Reuters2026/08/07 11:20- 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.
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