Richard Macdonald – Director


Richard is a successful international property entrepreneur with over 25 years experience in multiple jurisdictions from New Zealand to London to Brazil, with a track record of creating, structuring and executing major developments and property deals. He has a reputation as a dealmaker and has transacted with some of the biggest names in the industry.

2013 R Capital
R Capital focuses on Central London and other major gateway cities, to identify, acquire and develop prime sites suitable for high-rise or super-prime, branded projects to be developed in association with major global brands, development and capital partners.

2011 MRP Brazil
Established MRP Brazil and subsequently secured the development rights to one of the most important development sites in Rio. Purported to be the largest office development in LATAM and branded Trump Towers Rio, the project secured planning permission in 2014. Construction was put on hold due to the current economic and financial situation in Brazil.

2007 Landmark Property Bulgaria
Structured an MBO to acquire the company for 210m euro and bought the company into the MRP Group

2006 Landmark Property Bulgaria Ltd
Richard took up the role of Chairman of Landmark Property Bulgaria Ltd, acquiring and developing mainly office and retail commercial property in Bulgaria and Turkey.

2004 MRP International Ltd (BG)
Established MRPI, an investment and development vehicle focused on both residential and commercial property in Bulgaria, Croatia, Ghana and later on Brazil. .

2000-2004 Latham Yeomans (UK)
Partner specializing in sales and acquisitions of commercial real estate in London and across the UK. Richard concluded transactions of circa 100m GBP pa for a number of corporate, institutional and private clients.

1998 Waterbridge Group (UK)
Upon immigrating to the UK, commenced his UK property career with the Waterbridge Group. During the period of 1998-2000 the company grew its property portfolio from 50m GBP to 150m GBP during which time Richard was Real Estate Director, responsible for all sales, acquisitions and lettings.

1991-1998 Pacific Real Estate (NZ)
Established a property company that specialized in the development and leasing of concrete “tilt slab” warehouse units.

1989-1998 H G Livingstone Ltd (NZ)
Started career in property as a commercial real estate agent at H G Livingstone Ltd in Christchurch, New Zealand covering all sectors of commercial real estate.

Douglas Hardman – Director

Prior to setting up RCapital, Douglas was a senior partner at Cushman & Wakefield, EMEA Capital Markets; where he was responsible for coordinating the major Trump Towers Rio instruction in Brazil, including other major international instructions in the US, Singapore, Moscow and London.

Douglas started his European real estate investment career with Gort Securities, a London based private equity vehicle, were he was Investment Director.

Between 2002 and 2010 Douglas focused his professional career in Central and Eastern Europe. Firstly with Landmark Europe as Investment Director and part of the management team establishing a €300m SEE real estate investment platform. Followed by 5 years as Regional Investment Director for DTZ, leading their capital markets team in CEE markets. Finally for DTZ, Douglas was Head of CMEA Investment for DTZ, during which time the European investment team as a whole transacted over €10billion of real estate investment transactions. Douglas is South African and a graduate of Rhodes University, South Africa; B.Soc.Sci

Svetlozar Shivarov – Investment Director

Svetlozar_Shivarov Svetlozar joined the RCapital team in 2015 as Investment Director. He is responsible for sourcing and structuring new developments across all areas within the commercial and residential property sectors and is based in Sofia, Bulgaria.

Before RCapital, he gained respect as an ambitious and persevering Business/Product Development Manager with extensive experience in a variety of sectors, including corporate travel & event management, e-commerce and digital marketing.

Previous appointments include:

Investment Consultant at Forton International, part of Cushman & Wakefield – working on major projects including the acquisition of BTC (Bulgarian Telecommunications Company) by AIGGIG c. 1.08bn euro deal.

Business Development Manager at GlobalStar (Bulgaria) – leading a team of 10 people that created and managed new corporate relationships. Major clients included AON, Boehringer Ingelheim, Pfizer, OMV, Novartis, Konica-Minolta and Nova TV (part of MTG), generating increased annual turnover in excess of 3 million euro.

Sales/Business Development Manager at Pentagon Interactive Ltd -working with more than 30 companies from the UK helping to create a turnover for his group of more than 12 million GBP.

Svetlozar has a Business Administration degree from the American University in Bulgaria.