FairPlay Properties REIT AD
BBSEBG:FPP0.82
EUR
+0.02
(+1.88%)
ISIN
BG1100042057
Return %
Stock
S&P 500
1Y
18.07
14.20
3Y
81.14
81.12
5Y
115.41
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
- Kristina Dimitrova Petrova
- Full Time Employees
- 4
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Sofia Bulgaria
- IPO Date
- May 22, 2006
- Website
- fpp.bg
- Similar Companies
- Business
- FairPlay Properties REIT AD is a Bulgaria-based real estate investment trust specializing in the acquisition, development, construction, leasing, and management of residential, commercial, vacation, and hospitality real estate assets. Founded in 2005 and headquartered in Sofia, Bulgaria, the company operates as a special investment purpose vehicle under the management and operational sponsorship of its parent group, FairPlay International AD. The company operates primarily within the real estate investment and development sector, serving individual residential buyers, vacation homeowners, corporate tenants, commercial retail clients, and hospitality guests across domestic and international markets. FairPlay Properties REIT AD manages its real estate holdings across three principal business segments: Vacation and Residential Properties, Commercial Office and Retail Spaces, and Hospitality Real Estate. The company's core products and services include the development, marketing, and sale of seaside holiday apartments and mountain resort residences; the long-term leasing, asset management, and tenant services for Class-A commercial office buildings and urban retail premises; the operation and management of branded hotel, wellness, spa, conference, and resort complexes; the acquisition, master planning, and infrastructure development of commercial and residential land plots; and comprehensive property management, rental pool administration, and facility maintenance services for property owners and institutional tenants. Key assets within its property portfolio include the Santa Marina Holiday Village and Viva Mare Beach Hotel in Sozopol along the Black Sea coast, the St. Ivan Rilski Hotel, Spa and Apartments complex in Bansko, and major commercial office properties in Sofia. In recent developments, FairPlay Properties REIT AD has executed strategic portfolio optimization programs focused on the phased construction and sales expansion of its coastal vacation properties, the selective divestment of non-core real estate assets to enhance working capital and liquidity, and the refinancing of bank credit facilities to optimize debt maturity profiles and reduce financing expenses. Furthermore, the company has implemented energy-efficiency modernizations across its commercial office and hospitality properties, renewed key long-term leases with multinational corporate tenants in Sofia, and expanded its specialized rental management programs to maximize recurring operational revenues.