Sofia, 23 June 2009
The Holiday complex “Santa Marina” – Sozopol, received the subsequent admission by winning the award “The Best Sea Project” from the international competition “The Best Project of 2009”, organized by the company “Euro Design” LLC and “BEST” Corporation in the frames of the event “Year of Bulgaria in Russia.” The prize was given on an official ceremony in the Sheraton Hotel on June 18, 2009. The Project of “FairPlay Properties” REIT has already been a prizewinner of the award “Holiday Complex of the Year” from the competition “Building of the Year 2006”, and its internet webpage was distinguished as “The Best site in the Real Estate category” at the international web festival “Albena 2008”.
“The award is a well-deserved admission for one of the most successful projects on the Bulgarian Black Sea coast. The main market of “Santa Marina” is the Russian one and we expect that this award will give a positive influence on the sales, having in mind that on the ceremony there were the biggest Russian real estate agencies, potential purchasers and representatives of several embassies. “ explained Manu Moravenov, CEO of “FairPlay Properties” REIT.
Candidates for the prestigious award were 24 of the most luxurious Bulgarian holiday and residential projects with beautiful architecture, quality of the construction, ecological technologies and reach infrastructure. They were nominated in five categories – The Best Sea Project, The Best Mountain Project, The Best City Project, The Best Realized Sea Project, and The Best Realized Mountain Project.
FairPlay Properties REIT is the biggest Company for securitization of real estate without agricultural land in view of assets (14, 27% market share) and ranks third among all REITs investing in real estate (according the statistics provided by the Financial Supervision Commission for 2008).
FairPlay Properties is “The Best Corporate Governance of REITs 2006” award winner from the Investor‘s Association.
FairPlay Properties REIT is listed on the Bulgarian Stock Exchange – Sofia on 17 February 2006. Its main shareholder is “FairPlay International” JSC with 66, 8 % share. The rest of the shareholders are institutional investors (10 Pension funds, 20 Mutual funds and Investment companies) and over 270 legal and physical entities, retail investors.
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