Bulgaria’s Elana Agricultural Land Fund REIT said that it has extended the term of its preliminary agreement to sell a property in Sofia to Elana Holding for 200,000 levs ($112,000/103,000 euro).The new deadline for finalizing the sale is June 30, as the current situation in the country makes the administrative completion of the deal more difficult, Elana Agricultural Land Fund REIT said in a statement on Tuesday. All other conditions of the preliminary agreement remain unchanged, the company noted.
