"Intercapital Property Development" REIT is a joint-stock company with a special investment purpose, which was established on 18.02.2005 and entered in the register of the Sofia City Court with Decision No. 1 of 29.03.2005, part. No. 92329, volume 1204, reg. I, page 23 in company case No. 3624/2005 with a capital of BGN 2,500,000.

With decision No. 702-DSITS dated 16.11.2005 of the Commission for Financial Supervision, the Company received a license to operate as a company with a special investment purpose. With the same decision, the Prospectus for the public offering of 750,000 new shares of the Company, issued for the purpose of an initial increase of the company's capital, was also confirmed.

In January 2006, the first capital increase of "Intercapital Property Development" REIT was carried out with new 750,000 shares with a nominal value of BGN 1 each. Pursuant to Decision No. 4 of 26.01.2006 of the Sofia City Court under the f.d. No. 3624/2005, the capital increase to the amount of BGN 3,250,000 was entered.

In September 2006, a second increase in the capital of "Intercapital Property Development" REIT was carried out with new 1,625,000 shares with a nominal value of BGN 1 each. Pursuant to Decision No. 6 of 18.09.2006 of the Sofia City Court under the f.d. No. 3624/2005, the capital increase to the amount of BGN 4,875,000 was entered.

On 23.08.2010, according to entry No. 20100823172414 in the Commercial Register, a capital increase to BGN 6,011,476 was entered through the issuance of new 1,187,849 shares with a nominal value of BGN 1 each.

On 13.10.2020, according to entry No. 20201013143520 in the Commercial Register, a capital increase to BGN 27,766,476 was entered through the issuance of 27,766,476 new shares with a nominal value of BGN 1 each.

The company is not limited by the term of existence.

As of June 2023, approximately 95% of ICPD shareholders’ equity with voting rights is held by institutional investors, among which professional management companies, pension funds and insurance funds, based in Bulgaria, Poland, Romania and Macedonia.