Phoenix Capital Holding
Phoenix Capital Holding AD is a Bulgarian publicly listed real estate investment company that acquires distressed residential, office, hotel, and vacation properties from banks and construction firms, finishes and manages them, and sells them, serving public shareholders and Bulgarian property buyers.
- Company typePublic
- Founded2013
- HeadquartersSofia, Bulgaria
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Phoenix Capital Holding does
Phoenix Capital Holding AD (Феникс Капитал Холдинг АД) is a Bulgarian publicly listed real estate investment holding company headquartered at bul. "T. Alexandrov" 109–115, Sofia. Its core business is acquiring distressed real estate assets — residential buildings, office buildings, hotels, and vacation properties — from banks and construction/investment companies, completing or finishing construction where needed, professionally managing the properties, and subsequently disposing of them. The strategy is explicitly oriented toward "problem" real estate tied to non-performing loans, as well as inefficiently managed projects with potential for positive development.
The company has been listed on the Bulgarian stock exchange since 2014, with prospectus approval from the Financial Supervision Commission (KFN). It has subsequently accessed public debt markets through bond issuances in 2019 (BG2100013189) and 2024 (BG2100019244), and conducted a public share offering tied to a capital increase in July 2021. It maintains an investor relations section, files regulated disclosures under EU Regulation 596/2014, and publishes audited consolidated financial statements (most recently for 2025) and interim reports. The only named contact is Petya Rogozyanska, Director for Investor Relations.
Phoenix Capital Holding operates as a traditional, asset-by-asset real estate investment vehicle with no disclosed technology platform, no subsidiaries, and no parent entity. Each transaction is individually negotiated, pricing is not publicly disclosed, and the company does not serve a defined end-customer segment in the conventional sense — its counterparties are banks and construction/investment companies on the supply side and property buyers on the disposal side. Its geographic footprint is single-country (Bulgaria), with no disclosed international expansion.
Phoenix Capital Holding firmographics
Firmographics- Name
- Phoenix Capital Holding
- Legal name
- Феникс Капитал Холдинг АД
- Website
- https://phoenixcapital.bg
- Company type
- Public
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Phoenix Capital Holding AD is a Bulgarian publicly listed real estate investment company that acquires distressed residential, office, hotel, and vacation properties from banks and construction firms, finishes and manages them, and sells them, serving public shareholders and Bulgarian property buyers.
- Ownership category
- akta.pro rank
Phoenix Capital Holding industry classification
Industry- Product category
- Real Estate Investment
- NAICS
- Lessors of Other Real Estate Property (53119), Other Financial Vehicles (52599)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)
- akta.pro primary industry
- Real Estate Funds — Value-Add (FSANAEAH)
Keywords
Where Phoenix Capital Holding is headquartered
LocationHeadquarters
- HQ city
- Sofia
- HQ country
- Bulgaria
- HQ region
- Europe
Offices1 record
Markets served
Phoenix Capital Holding business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel
Revenue model
- Real Estate Investment and Disposal: The company acquires distressed real estate properties (residential buildings, office buildings, hotels, and vacation properties) from banks and construction/investment companies, manages them including finishing construction work and improvements, and sells them for profit. The business strategy focuses on acquiring 'problem' real estate with non-performing loans that are either completed or in final completion phase.
Distribution channels1 record
Marketing channels1 record
Phoenix Capital Holding product offering
Product offeringCore offering
Phoenix Capital Holding AD acquires distressed real estate properties (residential buildings, office buildings, hotels, and vacation properties) primarily from banks and construction/investment companies, where loans are not being serviced by borrowers. The company manages these assets, completes unfinished construction work and improvements, and sells the assets to maximize shareholder value through asset appreciation.
Product overview
Phoenix Capital Holding AD is a real estate investment holding company focused on acquiring, managing, and selling real estate properties. The company's core business model involves acquiring 'problematic' real estate assets (properties with non-performing loans) at attractive prices from banks and construction/investment companies, managing these assets including finishing construction activities and improvements, and ultimately selling them to maximize shareholder value. The company does not offer a technology product platform but rather operates as a traditional real estate investment firm.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Investment Services Phoenix Capital Holding AD specializes in acquiring, managing, and selling real estate properties including residential buildings, office buildings, hotels, and vacation properties. The company targets 'problematic' real estate assets with non-performing loans from banks and construction/investment companies, completes unfinished construction work and improvements, and disposes of the assets at appreciated values.
Companies that use Phoenix Capital Holding
Customer profileIdeal customer profiles2 records
Phoenix Capital Holding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Phoenix Capital Holding partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights3 records
Phoenix Capital Holding competitors and assessment
Company assessmentRegional players
- SIF Transilvania: Romanian closed-end investment fund (SIF) listed on the Bucharest Stock Exchange with significant real estate holdings. Comparable as a publicly listed regional investment vehicle that holds and monetizes real estate assets in a neighboring Eastern European market.
- Echo Investment: Polish real estate developer listed on the Warsaw Stock Exchange, active in office, residential, and hotel asset classes. Comparable as a regional listed real estate operator with an active asset-management and value-creation orientation in a neighboring CEE market.
Broad incumbents
- CTP: Listed (Amsterdam) industrial/logistics real estate developer and investor operating across CEE. Comparable as a listed regional real estate operator that actively develops and manages assets for capital appreciation in the same broader CEE geography.
- Globe Trade Centre (GTC): CEE-focused commercial real estate developer and investor (office, retail) listed on the Warsaw Stock Exchange. Comparable as a listed regional incumbent holding and actively managing a diversified CEE real estate portfolio.
- PATRIZIA SE: European investment manager with a significant value-add real estate strategy across Europe including CEE. Comparable as a broader incumbent running value-add real estate strategies in the same region, with a similar buy-improve-sell investment approach.
- NEPI Rockcastle: Large Central and Eastern European real estate investor focused on retail and office assets, listed on the Johannesburg Stock Exchange and Euronext. Comparable as a broader incumbent operating a value-add / active-management real estate strategy across the same CEE region.
- CPI Property Group: One of the largest CEE real estate groups, listed on the Frankfurt and Prague stock exchanges, with diversified residential, office, hotel, and retail assets. Comparable as a broad incumbent operating across multiple CEE markets with an asset-management-driven value-creation approach.
- Atrium European Real Estate: CEE-focused retail real estate company listed on the Vienna Stock Exchange. Comparable as a listed regional incumbent with a value-add repositioning strategy on shopping centers across Eastern European markets.
Direct peers
- Advance Terrafund REIT: Bulgarian real estate investment trust (REIT) listed on the Bulgarian Stock Exchange, focused on acquiring and managing real estate in Bulgaria. Directly comparable to Phoenix Capital in terms of public-company structure, Bulgarian single-country focus, and real estate acquisition/management mandate.
- Bigpoint Holding AD: Bulgarian public company with real estate operations. Comparable as a small-cap Bulgarian listed real estate vehicle operating in the same single-country market with a similar acquisition/asset-management orientation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Phoenix Capital Holding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phoenix Capital Holding leadership team
Management profileNumber of profiles
Profiles1 record
Phoenix Capital Holding funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phoenix Capital Holding M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phoenix Capital Holding
What does Phoenix Capital Holding do?
Phoenix Capital Holding AD acquires distressed real estate properties (residential buildings, office buildings, hotels, and vacation properties) primarily from banks and construction/investment companies, where loans are not being serviced by borrowers. The company manages these assets, completes unfinished construction work and improvements, and sells the assets to maximize shareholder value through asset appreciation.
Is Phoenix Capital Holding a public or private company?
Phoenix Capital Holding is a public company. It is classified as public and is currently operating.
When was Phoenix Capital Holding founded?
Phoenix Capital Holding was founded in 2013. It employs 11 to 50 people.
Where is Phoenix Capital Holding based?
Phoenix Capital Holding is headquartered in Sofia, Bulgaria, in the Europe region.
How does Phoenix Capital Holding make money?
One revenue line is on record: real Estate Investment and Disposal.
Who are Phoenix Capital Holding's main competitors?
Regional players on record are SIF Transilvania and Echo Investment. Broad incumbents are CTP, Globe Trade Centre (GTC), PATRIZIA SE, NEPI Rockcastle, CPI Property Group and Atrium European Real Estate. Direct peers are Advance Terrafund REIT and Bigpoint Holding AD.
Does Phoenix Capital Holding have an API?
No public API is recorded for Phoenix Capital Holding.
What industry is Phoenix Capital Holding in?
Phoenix Capital Holding's product category is Real Estate Investment. Its primary akta.pro industry code is FSANAEAH, Real Estate Funds — Value-Add. Its NAICS code is 53119 and its SIC code is 6532.