Windsorville Investments is reportedly interested in the acquisition of the Bulgarian Property Developments PLC (BPD) fund floated on the stock exchange in London. The market capitalisation of BPD stands at GBP 67.5mn at present and the acquisition price is expected to reach GBP 70mn. Windsorville Investments is reportedly controlled by UK’s billionaire Joe Luis. BPD was established some three years ago. Since then, it has attracted a total of about GBP 60mn for investment in Bulgarian real estates.
Source: Intellinews-Bulgaria Today