SPDI is a London listed property company focused on Emerging Europe (Romania, Bulgaria, Greece, Serbia) with a growing portfolio of prime commercial properties let to blue chip clients on long leases, which generates high yields and offers significant potential for capital growth thanks to highly favourable macro and regional property market fundamentals.
Focusing on the fastest growing economy of the European Union (Romania), the Union’s economy that has lost the most in recent years and is poised for a steep “catch-up” rise (Greece), and the economy with the lowest tax rate in the Union (Bulgaria), the Company’s portfolio currently comprises of five properties which are located in these three countries and let out on long leases to blue chip clients including Danone and Kuehne + Nagel.
SPDI is focused on building a leading institutional, professionally benchmarked, dividend paying property company which generates strong cash flows, and provides exposure to both the European yield convergence play and some of the highest GDP growth rates in the EU while taking advantage of the demographic fundamentals, as well as the shift of the EU commerce to the east anchored by an increasingly important logistics sector. Its management team has a proven track record in sourcing and securing deals at attractive yields as well as setting up and growing both development companies and REITs in the region. SPDI also benefits from locally implanted executives as well as an extensive regional network. The Company and its strategy enjoy the backing of highly respected institutional and private global investors.