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Secure Property Development & Investment PLC (SPDI.L)

SPDI.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SPDI Secure Property Development and Investment PLC acquires Prime Income Generating Portfolio
Thursday, 21 May 2015 02:01am EDT 

SPDI Secure Property Development and Investment PLC:Has agreed to acquire series of prime property assets in Romania and Bulgaria, raising the Company's annualised net operating income to over 8 mln Euro.The Acquisitions follows the purchase of the Autounion office building in Sofia, Bulgaria as announced on April 21, and is in line with the Company's strategy to build diversified portfolio of prime commercial real estate in East and Southeast Europe.Which generates cash flow from blue chip tenants and offers substantial potential for capital growth.  Full Article

SPDI Secure Property Development and Investment PLC acquires income yielding office building in Sofia
Tuesday, 21 Apr 2015 02:01am EDT 

SPDI Secure Property Development and Investment PLC:Says acquisition of an interest in a fully let and income generating office building in Sofia.Acquires 20 pct of the corporate entity owning the building for a cash consideration of 4.06 mln euros.Consideration is being funded from the Company's current cash reserves, which were boosted by the recent fundraising.  Full Article

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