Black Sea Property Plc
AAQSE:BSP0.01
EUR
0.00
(0.00%)
ISIN
IM00BYQLTS50
Return %
Stock
S&P 500
1Y
0.00
14.39
3Y
100.00
81.42
5Y
400.00
68.62
Capital Structure
EUR
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in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Semi-annual Revenue
EUR
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in mil. unless spec.Semi-annual Earnings Per Share
EUR
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate development
- Address
- Douglas United Kingdom
- IPO Date
- Aug 31, 2016
- Website
- blackseapropertyplc.com
- Similar Companies
- Business
- Black Sea Property Plc is an investment company specializing in the acquisition, development, financing, and management of residential, commercial, and hospitality real estate assets. Founded in 2005 and headquartered in Saint Helier, Jersey, the company conducts its primary operational and property development activities across Bulgaria, targeting high-growth coastal locations along the Black Sea and prime metropolitan districts in Sofia. Black Sea Property Plc serves individual property purchasers, commercial tenants, institutional property investors, and domestic and international tourists. The company provides a comprehensive range of property development and asset management services, organized into specialized operational areas: real estate investment and portfolio management; residential property development, comprising the design, construction, and sale of seaside vacation apartments, residential complexes, and luxury private villas; hospitality and leisure asset operation, including hotel resort properties, boutique holiday developments, beachfront facilities, and organized eco-campsite and glamping destinations such as Camping Gradina; commercial real estate leasing and property management, encompassing office spaces and retail facilities; and real estate project execution, including site acquisition, land rezoning, architectural planning, construction management, and sales administration. In recent developments, Black Sea Property Plc has executed several strategic initiatives to restructure its capital framework and accelerate project execution across its core asset base. The company has renegotiated and extended key credit facilities with regional banking institutions and major shareholders to support ongoing construction and refurbishment activities. Concurrently, Black Sea Property Plc has concentrated capital expenditure on modernizing its hospitality and coastal eco-tourism holdings along the southern Black Sea coast, expanding luxury tent and bungalow accommodation infrastructure, while advancing pre-development and permitting milestones for residential land parcels in Sofia. The company has also streamlined operations across its Bulgarian project-level special purpose vehicles to optimize operational efficiencies and maximize property asset valuations.