ERG Capital 3 ADSITS (ERG Capital 3 REIT) is a Bulgaria-based real estate investment trust. It specializes in the securitization of real estate property and operates under a license, issued by the Financial Supervision Commission. The Company invests in the real estate sector by purchasing titles and other rights over real estate. ERG Capital 3 ADSITS acquires property rights on self-contained individual properties, multifunctional administrative, residential and commercial buildings, in order to renovate, lease, rent or sell them. It owns real estate in the cities of Varna, Stara Zagora, Sofia and Burgas. As of December 31, 2011, the Companyâs major shareholder was Bulgaro-Amerikanski Investitsionen Fond (BAIF) with a stake of 46.67%.
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