back Corporate history 

Every company has its journey. The evolution of AG Capital started back in 1993 in Varna, Bulgaria with one brokerage office, an exceptional team and the vision of the owner. Nowadays the office is a landmark real estate office of Address real estate, its team members successfully hold top management positions in the Group and the owner is a Chairman of one of the most successful real estate groups in the Balkans.

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    • Established Address Real Estate Agency
    • Opened first real estate brokerage office in Varna, Bulgaria
    • Registered Address to provide nationwide real estate brokerage services
    • Opened second brokerage office in Burgas, Bulgaria
    • Ranked No.1 on the Black Sea Coast
    • Started operations in the Capital of Bulgaria, Sofia
    • Operated five brokerage offices in Sofia, Varna, Burgas, Sliven, Yambol
    • Ranked among the top three real estate brokerage companies in Bulgaria
    • Set up holding structure, named Address Group with four subsidiaries
    • Specialized separate departments to focus on residential, commercial and vacational market sectors
    • Developed a branch network of 50 franchise partners of Address
    • Built a nationwide branch network of 30 own brokerage offices
    • Implemented in Address first internal information system in real estate segment
    • Established Address Invest
    • Created six subsidiaries of Address Group
    • Set up the first international office in London
    • Developed offices specializing in brokerage of commercial properties
    • Enlarged branch network to 45 own offices
    • Established Forton as a new company with focus on commercial real estate
    • Forton signed associate partnership contract for Bulgaria with Cushman & Wakefield
    • Address received “BENTLEY” award for best real estate agency in 2005
    • Address Group received best management team award
    • Established Advance Address Valuations, a company specializing in professional valuation services
    • Listed BLD on the AIM market of LSE raising £10 million
    • Established Forton Macedonia after acquiring Altitlan, a local leader on the Macedonian commercial real estate market
    • Rebranded Address Group to AG Capital
    • Address granted Superbrand award in real estate in Bulgaria
    • Established Domika to operate in real estate sector offering vocational properties to Russian-speaking clients
    • Opened 19 additional franchise offices of Address
    • Address granted another Superbrand award in real estate in Bulgaria
    • Set up Facility Optimum Bulgaria, a company specializing in professional facility management services
    • Opened Address Serbia
    • Opened an international office of Domika in Moscow, Russia
    • Raised additional £15 million at BLD
    • Opened Domika’s second international office in St. Petersburg, Russia
    • Address was awarded Bulgarian Business Superbrand in real estate category
    • BLD acquired Polygraphia, an emblematic industrial building in central Sofia
    • Forton and Cushman & Wakefield brokered the sale of Mall Varna for €120 million, which was the largest retail deal of the year
    • Sold Regent’s Property Advisors, one of the agencies of AG Capital
    • Established Frontex International to offer integrated receivables management and collection solutions
    • Established TVO Property & Facility Management Bulgaria in partnership with TVO International
    • Forton helped sign the largest Bulgarian office lease of 23 000 sqm with the Bulgarian Telecommunication Company
    • BLD was acquired by main shareholders CLS Holdings, AG Capital, Laxey Partners and other minority shareholders
    • Address received Superbrand’s award for fifth consecutive year
    • Polygraphia Office Center was fully renovated, leased and opened as one of the most prestigious office projects in Sofia city center
    • Established Intelliway Services to offer BPO services to international clients
    • Acquired Prestige Business Center and developed it as new premium office location in Sofia
    • Started development of first own residential project Cacao
    • Sold majority stake of Frontex International to Axxess Capital Partners
    • Separated BLD activities into three divisions: BLD Homes, BLD Offices and BLD Assets.
    • Frontex International acquired largest portfolio of NPLs of BNP Paribas with face value of €50 million
    • Investment funds advised by Empower Capital (Empower) and KJK Capital (KJK) acquireed 100% the leading facility management company in Bulgaria Facility Optimum
    • Advance Valuations, leader in the local valuation industry, was a subject to acquisition in February 2017. The company has a new majority owner with the ambition to expand the business.
    • After several months of negotiations, in May 2017 AG Capital successfully completed the sale of its shares in Frontex International. The deal is part of AG Capital's strategy to focus on investment and construction of real estate.
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