Retail Management made an offer to acquire remaining 39.9% stake in Park REIT (BUL:4PK) for BGN 1.2 million on November 1, 2018. As a part of consideration, Retail Management will acquire 3.876865 million shares in Park REIT (BUL:4PK) at BGN 0.30. The Financial Supervision Commission has not yet cleared publication of the offer. Following the buyout offer, Retail Management plans to repay Park REIT's debt, restructure the company and carry out a capital increase, if the positive trend on the real estate market continues during the next 5 to 8 years. Retail Management will also change the REIT's management and Board of Directors. As of November 28, 2018, Bulgaria's financial regulator temporarily suspended the offer made by Retail Management. Retail Management cancelled the acquisition of remaining 39.9% stake in Park REIT (BUL:4PK) on November 28, 2018. The Financial Supervision Commission of Bulgaria banned the buyout bid.