Forucom REIT-Haskovo
BBSEBG:FFI0.93
EUR
0.00
(0.00%)
Forucom REIT-Haskovo
BSEBG:FFI
(Bulgarian Stock Exchange)
Recent
price
0.93
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Forucom REIT-Haskovo (Bulgarian Stock Exchange: FFI), officially registered as Forucom Fund Imoti ADSIC, is a Bulgaria-based special purpose investment company operating as a real estate investment trust (REIT) focused on the securitization, acquisition, development, and asset management of real estate properties. The company invests capital raised through public equity and debt issuances into diversified real estate holdings across Bulgaria, with key property concentrations in the Haskovo province and central Bulgaria. Its primary business operations and service offerings encompass the direct acquisition of real estate ownership and limited property rights; the development, modernization, reconstruction, and infrastructure improvement of owned properties; the commercial leasing, renting, and tenancy administration of production buildings, industrial facilities, and regulated land plots (UPI); the strategic disposition and sale of developed real estate assets for capital appreciation; agricultural land property investments; and comprehensive property management and leasing administration services. Under Bulgarian REIT legislation, the company is structured to distribute at least 90 percent of its adjusted annual net profits as dividends to shareholders. Founded in 2006 and headquartered in Sevlievo, Bulgaria, with historical operational roots in Haskovo, the company operates within the corporate investment structure affiliated with Besatur AD. In recent major developments, Forucom REIT-Haskovo executed a restructuring of its outstanding corporate bond emission (ISIN: BG2100003214), implementing a revised floating interest rate indexed to 6-month EURIBOR plus a 1.00 percent margin, subject to an interest floor of 2.50 percent and a ceiling of 5.00 percent per annum. Furthermore, the company has undertaken active balance-sheet and portfolio optimization initiatives, including establishing contractual mortgages over regulated plots and agricultural land holdings in the Haskovo region to secure long-term debt instruments, while updating its institutional risk management frameworks and operational governance to enhance asset resilience.