Glenmoore Capital REIT
Glenmoore Capital REIT is a publicly listed Bulgarian real estate investment trust based in Varna that manages properties on a fee basis and invests in property development, sales, and rentals, trading on the Bulgarian Stock Exchange under GLMC.
- Company typePrivate
- Founded2017
- HeadquartersVarna, Bulgaria
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Glenmoore Capital REIT does
Glenmoore Capital REIT is a publicly listed Real Estate Investment Trust domiciled in Varna, Bulgaria, trading on the Bulgarian Stock Exchange under the ticker GLMC (bse:GLMC). Founded in 2017, the firm operates a dual business model: it manages real estate on a fee basis and directly invests in the development, sale, and rental of properties. The company is structured as a for-profit entity with a small headcount of 11-50 employees, reflecting a focused and lean operational footprint.
The company's core revenue mechanics are twofold — fee-based asset/property management services for third-party owners, and direct investment returns from property development, sales, and rental activities. As a REIT, its operating model implies a mandate to distribute a significant portion of rental/real estate income to shareholders, with the public listing on the Bulgarian Stock Exchange providing a regulated equity capital channel. Its corporate website (http://www.gmr-reit.com) is the primary disclosed web presence, although public-source data is sparse beyond high-level firmographic descriptors.
The underlying evidence base for this profile is thin: no management team roster, no disclosed revenue figures, no product or tenant portfolio detail, no partnership disclosures, and no funding history are available in the source material. The website reportedly renders a loader/verification screen without substantive investor disclosures. Consequently, the description is constrained to what firmographic, listing, and high-level business model descriptors support; deeper analysis of portfolio composition, geographic property footprint, tenant mix, and capital structure cannot be grounded from the supplied inputs.
Glenmoore Capital REIT firmographics
Firmographics- Name
- Glenmoore Capital REIT
- Website
- https://gmr-reit.com
- Company type
- Private
- Founded year
- 2017
- Headcount range
- 11–50 employees
- Short description
- Glenmoore Capital REIT is a publicly listed Bulgarian real estate investment trust based in Varna that manages properties on a fee basis and invests in property development, sales, and rentals, trading on the Bulgarian Stock Exchange under GLMC.
- Ownership category
- akta.pro rank
Glenmoore Capital REIT industry classification
Industry- Product category
- Real Estate Investment Trust
- NAICS
- Offices of Real Estate Agents and Brokers (53121), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (52394)
- SIC
- Real Estate Investment Trusts (6798), Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- REITs & Listed Real Estate Securities (FSAAAKAD)
- akta.pro secondary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
Keywords
Where Glenmoore Capital REIT is headquartered
LocationHeadquarters
- HQ city
- Varna
- HQ country
- Bulgaria
- HQ region
- Europe
Markets served
Glenmoore Capital REIT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure
Glenmoore Capital REIT product offering
Product offeringCore offering
Glenmoore Capital REIT is a publicly traded real estate investment trust that manages real estate on a fee basis and invests in the development, selling, and renting of properties. The firm operates as a for-profit entity headquartered in Varna, Bulgaria, and is listed on the Bulgarian Stock Exchange under the ticker GLMC.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Management Services
- Property Development Investments
- Property Sales
- Property Rental Services
Companies that use Glenmoore Capital REIT
Customer profileIdeal customer profiles2 records
Glenmoore Capital REIT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Glenmoore Capital REIT partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights2 records
Glenmoore Capital REIT competitors and assessment
Company assessmentBroad incumbents
- CA Immobilien Anlagen AG: An Austrian-listed real estate investment group focused on income-producing properties in Austria, Germany, and CEE. Comparable to Glenmoore as a publicly listed European REIT with multi-market exposure, asset-management capabilities, and a fee-and-investment orientation toward commercial real estate.
- CPI Property Group: One of the largest CEE real estate platforms, listed in Frankfurt and Prague, with a diversified portfolio across offices, retail, hospitality, and residential. Comparable to Glenmoore as a publicly listed REIT/investment vehicle with a multi-line CEE real estate strategy, though operating at vastly greater scale and geographic reach.
- Immofinanz AG: A Vienna-listed commercial real estate investment company with a significant portfolio across Central and Eastern Europe including the Balkans. It is comparable to Glenmoore as a publicly listed real estate vehicle operating in CEE, though at much larger scale and with a broader, more diversified portfolio.
Regional players
- Globalworth Real Estate Investments: A real estate investor and developer focused on office and mixed-use assets in Romania and Poland, listed on AIM and Bucharest Stock Exchange. Comparable to Glenmoore as a publicly listed CEE real estate vehicle combining investment and active asset management, though serving different primary geographies.
- NEPI Rockcastle: A FTSE-listed real estate investment company focused on retail and office properties in Central and Eastern Europe. Comparable to Glenmoore as a publicly listed real estate investment vehicle with CEE exposure and active asset management, though operating in different geographies at far greater scale.
- Atrium European Real Estate: A Vienna-listed owner, operator, and redeveloper of retail real estate across Central and Eastern Europe. Comparable to Glenmoore in its publicly listed CEE real estate investment model with an active operator role, though focused specifically on retail and at a larger scale.
Direct peers
- Advance Terrafund: A Bulgarian special-purpose investment vehicle focused on agricultural and rural real estate, listed on the Bulgarian Stock Exchange. Like Glenmoore, it is a publicly listed Bulgarian REIT operating on the same exchange, providing the closest direct comparison in terms of domicile, regulatory regime, and investor base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
Glenmoore Capital REIT financial estimates
Financial estimateRevenue estimate
Valuation estimate
Glenmoore Capital REIT leadership team
Management profileNumber of profiles
Profiles1 record
Glenmoore Capital REIT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Glenmoore Capital REIT 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 Glenmoore Capital REIT
What does Glenmoore Capital REIT do?
Glenmoore Capital REIT is a publicly traded real estate investment trust that manages real estate on a fee basis and invests in the development, selling, and renting of properties. The firm operates as a for-profit entity headquartered in Varna, Bulgaria, and is listed on the Bulgarian Stock Exchange under the ticker GLMC.
When was Glenmoore Capital REIT founded?
Glenmoore Capital REIT was founded in 2017. It employs 11 to 50 people.
Where is Glenmoore Capital REIT based?
Glenmoore Capital REIT is headquartered in Varna, Bulgaria, in the Europe region.
Who are Glenmoore Capital REIT's main competitors?
Broad incumbents on record are CA Immobilien Anlagen AG, CPI Property Group and Immofinanz AG. Regional players are Globalworth Real Estate Investments, NEPI Rockcastle and Atrium European Real Estate. Advance Terrafund is listed as a direct peer.
Does Glenmoore Capital REIT have an API?
No public API is recorded for Glenmoore Capital REIT.
What industry is Glenmoore Capital REIT in?
Glenmoore Capital REIT's product category is Real Estate Investment Trust. Its primary akta.pro industry code is FSAAAKAD, REITs & Listed Real Estate Securities, with a secondary code of BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE). Its NAICS code is 53121 and its SIC code is 6798.