INVESTEC ASSET MANAGEMENT
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INVESTEC ASSET MANAGEMENT AS
'New frontier' Bulgaria Attracts Real Estate Investors
Bulgaria is a new frontier for real estate investors, with many South African companies already having invested in Poland, the largest economy in eastern Europe.
UK-based Hystead, which is co-owned by JSE-listed shopping centre owner Hyprop and PDI Investment, bought a highly rated mall in Bulgaria's capital, Sofia, in July for €156m.