An unknown buyer signed a preliminary agreement to acquire real estate property from ERG Capital-3 REIT-Sofia (BUL:5ER) for €3.5 million on September 13, 2018. The final agreement was signed on November 15, 2018. The consideration is without VAT while the expenses for executing the final agreement will be split equally between seller and the buyer. The preliminary agreement is executed subject on certain conditions that if not fulfilled the preliminary agreement might be terminated or cancelled. An unknown buyer completed the acquisition of Real Estate Property from ERG Capital-3 REIT-Sofia (BUL:5ER) for €3.5 million on November 20, 2018. ERG Capital-3 REIT will use a portion of the funds to partially repay its 9.5% €2.89 million bond.