Intercapital Property Development Real Estate Investment Trust

Intercapital Property Development Real Estate Investment Trust investor enjoying dividend income

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Intercapital Property Development Real Estate Investment Trust (4IC:BU) is a Real Estate Investment Trust in Bulgaria.

The company was formed in early 2005, and its IPO was held in November 2005.

Its servicing companies are:

"Project Consult" Ltd., "Marina Cape Management" Ltd., "Optima Audit" Ltd., "Marina Cape Tours" Ltd., and "Intercapital Property Development."

Intercapital Property Development is working on two projects:

Marina Cape: village of Aheloy (near Sunny Beach" an apartment complex with business offices, swimming pools, restaurants and facilities for tourists as well.

"Grand Borovets" complex is a winter sports complex in the oldest ski resort in Bulgaria. It's on the highest mountain in the Balkans.

Therefore, Intercapital Property Development is a SPIC or REIT positioned to profit from rising prosperity in Bulgaria along with more recreation.

Next: Prime Property -- business buildings and resports.

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