LCS Imobiliar SA

LCS Imobiliar SA

BBVB:LCSI
17.00
RON
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Consumer durables
Industry
Homebuilding
Address
Cluj Napoca Romania
IPO Date
Dec 18, 2006
Business
LCS Imobiliar SA is a Romania-based real estate development and property management company engaged in the investment, administration, and commercialization of real estate assets. The company offers a systematic range of property solutions and services, comprising the development and promotion of residential and commercial projects; the leasing, rental, and operational management of owned commercial properties, office spaces, and land parcels; property administration and real estate facility management services; long-term real estate portfolio holding; and capital allocation and intercompany financing for real estate ventures. Founded in 2006 following a corporate demerger from clothing manufacturer LCS Conf SA and headquartered in Cluj-Napoca, Romania, the company trades publicly on the Bucharest Stock Exchange's AeRO market under the ticker symbol LCSI. LCS Imobiliar SA operates as a subsidiary of retail and real estate holding firm Magazin Universal Maramures SA, which holds a controlling equity stake. Geographically, the company conducts its core asset management and leasing operations in Romania, with an emphasis on the Cluj region, alongside international project operations in France. In recent corporate developments, LCS Imobiliar SA expanded into the Western European property market by acquiring a 70 percent controlling equity stake in Foxmoor Development SAS, an Antibes-based developer undertaking residential and commercial real estate projects on the French Riviera. To accelerate project delivery under its French subsidiary, the company concluded intercompany loan and financing agreements with its parent company, Magazin Universal Maramures SA, while also participating in intra-group restructuring and merger-by-absorption reviews designed to consolidate real estate leasing assets and streamline corporate governance across the group.