2016 — BREF — Page 3

Sold an apartment in Borovetz

June 29, 2016

“BULGARIAN REAL ESTATE FUND” REIT has sold Apartment №9 of Apartment house “Sequoia 2” in Borovetz resort, Municipality Samokov. The total builtup area of the apartment is 95.23 sq.m.

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Invitation General Meeting of the Shareholders July 2016

June 14, 2016

In compliance with article 223 of the Commercial Act, the Board of Directors of BULGARIAN REAL ESTATE FUND SPV, Sofia, convenes an ordinary General meeting of the shareholders in the special purpose vehicle on 26th July 2016, at 10:00, in Sofia.

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