Mr.Bricolage outlets – “sale and leasback” project

Mr Bricolage VarnaIn 2006, BREF concluded two “sale and leaseback” deals with the French “Do-It-Yourself” chain “Mr. Bricolage”. The two stores are situated in Varna (“Mladost” residential area) and in Sofia (“Tsarigradsko shosse” Blvd.). The total acquisition price of both stores is EUR 10 million.

Aiming to efficiently utilize the raised capital, in 2006 BREF refinanced 70% of the acquisition cost by means of an investment bank loan from Eurobank Bulgaria at the amount of EUR 7 million.

In 2021 both rent agreements were prolonged up to December 2026. And in 2022 BREF sold one of the stores, located in Varna.


 Outlet Mr.Bricolage


Total built-up area

15,174 sq.m.

 Built-up area

7,610 sq.m.

 Acquisition price




Lease agreement duration      

 December 2026 


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