About the investor
About the investor
Aktiv Properties REIT is a real estate investment trust, which under the terms and conditions of the Special Investment Purpose Act, with business operations concerning investment of funds, raised through the issuance of securities, in real estates (real estate securitization).
The company has a registered capital of BGN 19,728,099, divided into 2,192,011 shares with par value of BGN 9. The company is public and its shares, registered with issue code BG1100003059, are traded on the Unofficial Marketof the Bulgarian Stock Exchange.
Active Properties REIT was incorporated on December 23rd, 2004 for an indefinite period. Under Resolution No 272-ДСИЦ of April 20th, 2005 of the Financial Supervision Commission,Active Properties REIT is authorized to conduct business operations as a special investment purpose company.
In the period May 2005 – March 2007, Active Properties REIT carried out three successful capital increases in the amount of BGN 500,000 to BGN 19,728,099, through the issuance of 19,228,099 new shares with par value of BGN 1 and issue price within the range of BGN 1.10 – 1.50.
In 2015, the par value of the shares was increased from BGN 1 to BGN 9, and their number was reduced from 19,728,099 to 2,192,011, while keeping the same amount of the Company's capital.
Aktiv Properties REIT is a foundering member of Management Board of the registered on 16.02.2011 Special Investment Purpose Companies Association - "SIPCA".