Balkan and Sea Properties REIT
BBSEBG:BSP13.20
EUR
+0.20
(+1.54%)
ISIN
BG1100099065
Return %
Stock
S&P 500
1Y
6.68
14.20
3Y
14.23
81.12
5Y
34.46
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Lyudmila Nikolova Daskalova
- Full Time Employees
- 12
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Varna Bulgaria
- IPO Date
- Jun 22, 2007
- Website
- bsproperties.eu
- Similar Companies
- Business
- Balkan and Sea Properties REIT is a Bulgaria-based real estate investment trust specializing in the acquisition, development, leasing, management, and sale of a diversified portfolio of real estate assets across Bulgaria. Founded in 2005 and headquartered in Varna, Bulgaria, the company operates under the Bulgarian Special Investment Purpose Companies Act and is publicly listed on the Bulgarian Stock Exchange under the ticker BSP. The company focuses on generating stable rental income and capital appreciation across key economic and tourist regions, including Sofia, Varna, the Black Sea coastal corridor, and major transport arteries. Balkan and Sea Properties REIT organizes its operations into core asset categories and service offerings: commercial and retail properties, comprising the acquisition, development, and long-term leasing of retail stores, shopping premises, and supermarket properties; residential and vacation real estate, encompassing the development, management, and sale of apartment complexes, residential communities, and seaside holiday developments along the Bulgarian Black Sea coast; office space, involving the ownership, leasing, and facility administration of corporate office buildings and administrative centers; logistics and industrial real estate, focusing on warehousing facilities, logistics hubs, and light industrial distribution parks; land banking and property development, consisting of the strategic acquisition of urban and development-ready land plots, zoning and regulatory management, and greenfield project execution; and asset and property management services, providing tenant management, lease administration, facility maintenance, and property value enhancement. In recent developments, Balkan and Sea Properties REIT has executed strategic capital management and portfolio expansion initiatives, including capital increases and targeted financing programs to fund new real estate acquisitions and ongoing development projects. The company has actively expanded its commercial tenant base by securing long-term, indexed lease agreements with national retail and logistics operators, strengthening portfolio occupancy and recurring rental yields. Additionally, the trust has undertaken asset optimization and modernization initiatives across its commercial and industrial facilities to enhance energy efficiency, lower operational overhead, and align properties with current environmental standards, while continuing to fulfill statutory dividend distribution requirements by returning at least 90 percent of adjusted net earnings to shareholders.