Expat Beta REIT realized 20% annual yield selling Properties in Bankya

20.12.2013

Expat Beta REIT sold a 1020-sq.m plot zoned for development and construction in St. Stefan Residential Complex, town of Bankya.

The plot was purchased by the fund in January 2013 with a buy-back option for 3 years. This option was exercised, and the fund realized a capital gain of 20% annualized.