Intercapital Property Development REIT
0.31
EUR
0.00
(0.00%)
ISIN
BG1100018057
Return %
Stock
S&P 500
1Y
-12.13
14.20
3Y
-12.13
81.12
5Y
-24.21
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
- Velichko Stoychev Klingov
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Sofia Bulgaria
- IPO Date
- Dec 10, 2005
- Website
- icpd.bg
- Similar Companies
- Business
- Intercapital Property Development REIT is a Bulgaria-based real estate investment trust specializing in the acquisition, development, construction, leasing, and management of real estate properties. The company operates through multiple core business segments, offering a comprehensive suite of real estate products and services: residential and vacation property development, comprising the construction, marketing, and sale of seaside holiday apartments, residential studios, and luxury villas; resort hospitality and leisure operations, centered on the flagship Marina Cape Vacation Complex located in Aheloy on the Black Sea coast, which provides holiday accommodations, conference and corporate event facilities, restaurant and catering operations, spa and wellness centers, sports and fitness facilities, and boat mooring services; commercial real estate leasing, including the rental and administration of retail spaces, offices, and storage units; property and facility management services, encompassing building maintenance, technical infrastructure servicing, security, landscaping, and rental management programs for individual property owners; and strategic land banking and site development, focusing on securing and preparing land plots for future residential and mixed-use projects. Headquartered in Sofia, Bulgaria, and founded in 2005, the trust caters to private real estate investors, domestic and foreign tourists, corporate clients, and commercial tenants across Bulgaria, with key operational concentration along the Black Sea coastal region. In recent operational and corporate developments, Intercapital Property Development REIT has carried out comprehensive financial restructuring programs, including the renegotiation and maturity extension of its corporate bond liabilities and debt settlement arrangements to optimize its capital structure. Furthermore, the company has advanced equity-raising initiatives through share capital adjustments and warrant issuances to secure liquidity for operational requirements and asset maintenance. Operationally, the trust has concentrated on refurbishing hospitality and recreational facilities at Marina Cape, expanding its off-season conference and sports tourism offerings, and strengthening direct digital booking channels to enhance occupancy rates and rental yields.