About Intercapital Property Development ADSIC
Intercapital Property Development ADSIC is a specialized real estate investment trust (REIT) focused on real estate securitization in Bulgaria.
Key Investment Projects
- Marina Cape – A premier real estate development project.
- Grand Borovetz – Another significant investment in the company's portfolio.
Tax Structure
The company has elected REIT status under the Internal Revenue Code, exempting it from federal income tax, provided it distributes at least 90% of its taxable income to shareholders.
Location
Intercapital Property Development ADSIC is headquartered in Sofia, Bulgaria.