Bulgarian Real Estate Fund

Name

Bulgarian Real Estate Fund

Website

https://brefbg.com

Company type

Private

Founded year

2004

Operating status

Unknown

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Real Estate Investment Trust

NAICS

Lessors of Other Real Estate Property (53119), Other Financial Vehicles (52599)

SIC

Real Estate Investment Trusts (6798), Real Estate Dealers (For Their Own Account) (6532), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

Keywords

• Real estate investment trust
• Property acquisition
• Property leasing
• Real estate development
• Asset management

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure

Core offering

Bulgarian Real Estate Fund is a real estate investment trust that acquires, manages, develops, and leases properties in Bulgaria. The company operates as a publicly traded REIT on the Bulgarian Stock Exchange (ticker: BREF), deploying capital into real estate assets to generate returns for its shareholders through rental income and property value appreciation.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Acquisition and Investment Acquisition of real estate properties in Bulgaria as part of the fund's investment strategy to generate returns for shareholders through rental income and capital appreciation. Intended for public market investors and shareholders of the listed REIT.
• Property Leasing Leasing of acquired properties to tenants, generating rental income for the fund. Targeted at commercial and residential tenants in the Bulgarian real estate market.
• Property Management Ongoing management of the fund's real estate portfolio, including tenant relations, maintenance, and operational oversight of properties.
• Real Estate Development Development of real estate projects to expand or enhance the fund's portfolio and asset value within the Bulgarian market.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• Immofinanz: Immofinanz is a Vienna-listed commercial real estate company with a portfolio concentrated in CEE and Austria. Comparable as a larger European listed real estate company combining ownership, development, and leasing of commercial properties.
• Unibail-Rodamco-Westfield: URW is one of Europe's largest listed commercial REITs focused on retail and office assets. Comparable as a broad incumbent showing the strategic logic of a publicly listed REIT operating commercial property at scale.
• Patrizia SE: Patrizia is a European investment manager focused on real estate across multiple European markets. Comparable as a larger incumbent real estate investment and asset management platform operating across Europe.
• Cromwell Property Group: Cromwell is an Australian-listed diversified REIT with European exposure. Comparable as a publicly listed REIT operating diversified commercial real estate portfolios across multiple geographies.

Direct peers

• Advance Terrafund REIT: Advance Terrafund is a Bulgarian real estate investment trust listed on BSE with a similar mandate of acquiring, managing, and developing Bulgarian real estate. It is the closest direct peer given shared geography, REIT structure, and investment focus.

Regional players

• CA Immo: CA Immo is a Vienna-listed real estate investment company focused on office properties across Austria, Germany, and CEE. Comparable as a publicly listed European REIT investing in commercial real estate in emerging European markets.
• Globe Trade Centre (GT&C): GTC is a CEE-focused commercial real estate developer and landlord operating in Poland, Hungary, Romania, and other regional markets. Comparable as a regional commercial REIT with development and leasing activities targeting emerging European markets.
• Atrium European Real Estate: Atrium is a European retail real estate owner and operator with significant CEE exposure. Comparable as a listed European REIT focused on owning and managing commercial property in Central and Eastern Europe.
• AG Real Estate: AG Real Estate is a Belgian real estate investor and developer with diversified European exposure including CEE. Comparable as a European diversified REIT/real estate investor pursuing similar buy-manage-lease strategies across multiple geographies.
• Echo Investment: Echo Investment is a Polish real estate developer and landlord listed on the WSE. Comparable as a smaller-cap European public real estate company combining development, asset management, and leasing of commercial properties.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bulgarian Real Estate Fund