BREF increases occupancy with new tenants

Additionally, they will hold a webinar on 07.08.2025 from 11am EET to discuss the H1 2025 performance. More info on: https://tinyurl.com/4sm4mb66

CBA Asset Management (CBAM) announced a dividend in the amount of BGN 0.03453 per share or 3.45% dividend yield.

Advance Terrafund (ATER) published their monthly review. Currently, they own 179,689 daa agricultural land and they’ve sold 1,523 daa and bought 223 daa land in June. For 2023-2024 they’ve collected 91.2% of the receivables from the leased out land, and 28.6% from the 2024-2025 agricultural year.

Sopharma Buildings REIT (SFB) announced that they have started selling properties in their new project “Carre Residence”, which is a combination of residential project with stores in the mezzanine floor. The project is located in Student City on 3 Kliment Ohridski Blvd.

ü  Bulgaria’s current account deficit narrowed to €131.9 mln in May 2025 from €304.2 mln in the corresponding month of the previous year. This was primarily attributed to a higher secondary income surplus—which includes remittances and other current transfers—recorded at €97.4 mln from €94.1 mln in May 2024. At the same time, the services surplus increased to €624.4 mln from €552.2 mln, while the goods trade deficit decreased to €434.7 mln from €460.9 mln. In addition, the primary income deficit narrowed to €419 mln from €568.8 mlnIndustrial production fell by 6.6% YoY in May 2025. Output slipped at a softer pace for manufacturing (-2% vs -7.3% in April), while production recovered significantly for mining and quarrying (8.4% vs -3.7%). Meanwhile, electricity, gas, steam, and air-conditioning supply contracted sharply (-26.6% vs -12%).

ü  Bulgaria’s annual inflation rate rose to 4.4% in June 2025 from 3.7% in the previous month. This marked the highest reading since December 2023, mainly driven by higher costs of food and non-alcoholic beverages (7.5% vs 6.9% in May), alcoholic beverages and tobacco (6.9% vs 6.1%), communication (1.6% vs 0.2%), and recreation and culture (9.9% vs 7.2%). Additionally, prices declined at a softer pace for health (-4.5% vs -4.7%) and transport (-2.3% vs -3.9%). Meanwhile, inflation softened for restaurants and hotels (9.9% vs 10.8%) and miscellaneous goods and services (3.5% vs 4.1%). On a monthly basis, consumer prices increased by 0.4% in June, after a flat reading in the preceding period.