Deal #7688 Version 80764 Version 95545
Size under contract (leased or purchased area)
  • [2006, current] 10509.03 ha
  • [2006, current] 10 509 ha
Comment on land area
The land bank of the operating company is the total amount of land acquired in 2006. Many deals formed only by the reported info. No information on separate deals is available. Generally, as of 30.11.2024, the company owns 18196 ha of agricultural land and it is the largest public company owner of farmland in the country.
Comment on intention of investment
Lease to farmers
As of 2024, the company leased 15251 ha to 369 farmers. As of 2024, total acquired farmland since foundation 53 620 ha versus 35 500 ha total sold.
Implementation status
  • [2006, current] In operation (production)
Comment on leasing fee
As of the end of 2006, average monthly price was 211 BGN/da.
Comment on investment chain
Founded in 2005
Former land owner
Private (smallholders), Other
Comment on former land owner
Land is bought from individuals and companies only.
Former land use
Commercial (large-scale) agriculture
Former land cover
Cropland, Other land (e.g. developed land)
Comment on former land cover
According to the company's website, as of 2023, land of urbanized territories 0.73%, agricultural land 99.27%.
Overall comment
This Deal is linked to other Deals (##7687, 7690, 7691, 7692, 7693, 7694, 7695, 7718 and others) of the operating company, as each individual agreement is based on data for a particular year. Advance Terrafund REIT is the largest public company owner of farmland in Bulgaria. The main focus of the company is seeking strong capital appreciation by quick consolidation of the acquired plots. Advance Terrafund is only a landowner. To secure the current yield, the company has established long-term relationship with farming companies and farmers in Bulgaria.
Fully updated
No
Yes

Location #uHxY8vje

Spatial accuracy level
Administrative region
Location
Враца, Болгарія
Point
Lat: 43.21024
Lng: 23.55288

Location #zlNbNTrG

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Location
Видин, Болгарія
Point
Lat: 43.99616
Lng: 22.86793

Location #cxo0_K_r

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Location
Велико-Тырново, Болгарія
Point
Lat: 43.07567
Lng: 25.61715

Location #kelAfln3

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Location
Стара-Заґора, Болгарія
Point
Lat: 42.42578
Lng: 25.63446

Location #VMMycNIl

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Location
Хасково, Болгарія
Point
Lat: 41.93444
Lng: 25.55545

Location #0CGnssQm

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Location
Шумен, Болгарія
Point
Lat: 43.27124
Lng: 26.93613

Location #4R4iybAv

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Location
Варна, Болгарія
Point
Lat: 43.21405
Lng: 27.91473

Location #DXL6SIru

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Location
Ямбол, Болгарія
Point
Lat: 42.4842
Lng: 26.5035

Location #ObcO5ch3

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Location
Монтана, Болгарія
Point
Lat: 43.40852
Lng: 23.22573

Location #Z5jRLSMp

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Administrative region
Location
Пловдив, Болгарія
Point
Lat: 42.13541
Lng: 24.74529

Location #SzE76eXG

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Location
Бурґас, Болгарія
Point
Lat: 42.50479
Lng: 27.46264

Location #4VszLk9W

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Location
Плевен, Болгарія
Point
Lat: 43.41704
Lng: 24.60668

Location #i66p8gJT

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Location
Сливен, Болгарія
Point
Lat: 42.68165
Lng: 26.32287

Location #WoKOZsUB

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Location
Тырговиште, Болгарія
Point
Lat: 43.24936
Lng: 26.57274

Location #mIVDcPyr

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Administrative region
Location
Ловеч, Болгарія
Point
Lat: 43.13695
Lng: 24.71419

Location #-Kd76irv

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Administrative region
Location
Пазарджик, Болгарія
Point
Lat: 42.19277
Lng: 24.33357

Location #61-uBaac

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Administrative region
Location
Разград, Болгарія
Point
Lat: 43.53367
Lng: 26.54112

Location #ACfWg_gI

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Administrative region
Location
Силистра, Болгарія
Point
Lat: 44.11473
Lng: 27.26719

Location #CcXA6oht

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Administrative region
Location
Русе, Болгарія
Point
Lat: 43.83557
Lng: 25.96566

Data source #svxUi6qV

Type
Company sources
Url
Keep PDF not public
No
Comment on data source
Companies own statistics

Data source #Pjh43yW9

File
Type
Media report
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Advance Terrafund REIT on LinkedIn. The date of access to the website is indicated

Data source #PnXJf_OT

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Acquired lands statistics according to the company's sources. The date of access to the website is indicated

Data source #_P4FGwPO

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Distribution of acquired land by districts in ha as of Q3 2024. The date of access to the website is indicated

Data source #02U72S1P

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Pilot project in the village of Katunets, municipality Ugartchin, district Lovetch. The date of access to the website is indicated

Data source #CCc44KRY

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
History of the operating company. The date of access to the website is indicated

Data source #DFIFGQwS

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Portfolio allocation by acquisition cost as of Q4 2023. The date of access to the website is indicated

Data source #37hwf8FG

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Organizational structure of the operating company. The date of access to the website is indicated

Data source #ZSp-scfC

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Business model of the operating company. The date of access to the website is indicated

Data source #jHbv1kTy

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-23
Comment on data source
Leased land in 2022-2024. The date of access to the website is indicated