BPD Industrial Real Estate Fund REIT (Bulgaria)

BPD Industrial Real Estate Fund REIT, located in Sofia, is a special purpose investment company that was incorporated in January 2016. It is currently 100% owned by Bulgarian Property Developments Ltd (BPD). The main goal of BPD Industrial Real Estate Fund REIT is to provide opportunities for Bulgarian and international private and institutional investors to participate in the industrial property market in Sofia and other major cities in Bulgaria. The company's strategy includes diversifying investments in properties based on geographical location and establishing leading positions in key logistics points in Bulgaria. BPD aims to invest in strong ideas and assets where their capital and functional support can produce results. They also focus on recognizing strong opportunities with potential and maintaining an optimal balance of first-class investments in key locations. The company's corporate mission is to develop and manage real estate projects, aiming to identify investment opportunities and acquire new businesses by applying flexible management styles that generate profit and create value. BPD plans to finance BPD Industrial Real Estate Fund REIT through its main shareholder and by attracting new minority investors. BPD was established in 2004 and was the first company in Bulgaria to be listed on the AIM market of the London Stock Exchange. Since 2009, BPD has been part of the Tavistock Group, a private investment company founded by investor Joseph Lewis over 40 years ago. BPD is a leading owner, operator, and investor in the field of industrial real estate in Bulgaria. They own and manage properties located in key locations with approximately 600,000 square meters of land and a total leasable area of over 100,000 square meters, with more than 200 tenants and clients engaged in logistics activities. They also have projects under development with an area of over 400,000 square meters. Their portfolio includes attractive locations in Sofia, Varna, Ruse, Pleven, Sandanski, and Bansko.