| Deal #7691 | Version 80780 | Version 95552 |
|---|---|---|
General info | ||
| Comment on land area | This amount of land was acquired during 2008 | The land bank of the operating company is the total amount of land acquired in 2008.
Many deals formed only by the reported info. No information on separate deals is available.
The Company initiated a pilot project for consolidation of land in December 2008 in the village of Katunets, Lovech district on an area of 7000 ha agriland.
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. Official website - 'Number of farmers secured with land for cultivation - 441'.
The Fund sells and acquires land frequently. | As of 2020, number of farmers secured with land for cultivation - 441.
The Fund sells and acquires land frequently.
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. |
| Comment on nature of the deal | No information how many deals formed the reported info. No information on separate deals is available. | As of the end of December 2008 Advance TerraFund REIT has signed rental contracts for 15 160 ha of agricultural land. |
| Implementation status |
| |
| Comment on leasing fee | The new contracts in 2008 are at an average rental of about 20 BGN/dca (102 EUR/ha). | |
Employment | ||
Investor info | ||
| Comment on investment chain | Advance Terrafund is established by Karroll Group in April 2005. | |
Local communities / indigenous peoples | ||
Former use | ||
| 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 | The operating company buys, leases, rents, consolidates and sells agricultural and urbanized land in Bulgaria.
As of December 31, 2008 Advance TerraFund REIT owns around 26 400 ha of agricultural land and
13.8 ha of urban land. | |
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
| Overall comment | Looks like the land is going to be sold soon. | This Deal is linked to other Deals (##7687, 7688, 7690, 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. |
Meta | ||
Locations | ||
Location #vQ8r5d8c | ||
| Spatial accuracy level | Administrative region | |
| Location | Враца, Болгарія | |
| Point | Lat: 43.21024 Lng: 23.55288 | |
Location #wbVz-Uje | ||
| Spatial accuracy level | Administrative region | |
| Location | Видин, Болгарія | |
| Point | Lat: 43.99616 Lng: 22.86793 | |
Location #sXY3ZCrg | ||
| Spatial accuracy level | Administrative region | |
| Location | Велико-Тырново, Болгарія | |
| Point | Lat: 43.07567 Lng: 25.61715 | |
Location #miJCWBSj | ||
| Spatial accuracy level | Administrative region | |
| Location | Стара-Заґора, Болгарія | |
| Point | Lat: 42.42578 Lng: 25.63446 | |
Location #p0yCqcZT | ||
| Spatial accuracy level | Administrative region | |
| Location | Хасково, Болгарія | |
| Point | Lat: 41.93444 Lng: 25.55545 | |
Location #-R8txUUp | ||
| Spatial accuracy level | Administrative region | |
| Location | Шумен, Болгарія | |
| Point | Lat: 43.27124 Lng: 26.93613 | |
Location #mEIpDEy1 | ||
| Spatial accuracy level | Administrative region | |
| Location | Варна, Болгарія | |
| Point | Lat: 43.21405 Lng: 27.91473 | |
Location #-ADrjLeF | ||
| Spatial accuracy level | Administrative region | |
| Location | Ямбол, Болгарія | |
| Point | Lat: 42.4842 Lng: 26.5035 | |
Location #DEe6Du_u | ||
| Spatial accuracy level | Administrative region | |
| Location | Монтана, Болгарія | |
| Point | Lat: 43.40852 Lng: 23.22573 | |
Location #IP6-eHA- | ||
| Spatial accuracy level | Administrative region | |
| Location | Пловдив, Болгарія | |
| Point | Lat: 42.13541 Lng: 24.74529 | |
Location #4s7dS7mI | ||
| Spatial accuracy level | Administrative region | |
| Location | Бурґас, Болгарія | |
| Point | Lat: 42.50479 Lng: 27.46264 | |
Location #Mri2AT6f | ||
| Spatial accuracy level | Administrative region | |
| Location | Плевен, Болгарія | |
| Point | Lat: 43.41704 Lng: 24.60668 | |
Location #YjyvFYoa | ||
| Spatial accuracy level | Administrative region | |
| Location | Сливен, Болгарія | |
| Point | Lat: 42.68165 Lng: 26.32287 | |
Location #-rrdkZt7 | ||
| Spatial accuracy level | Administrative region | |
| Location | Тырговиште, Болгарія | |
| Point | Lat: 43.24936 Lng: 26.57274 | |
Location #N2PeKJZQ | ||
| Spatial accuracy level | Administrative region | |
| Location | Ловеч, Болгарія | |
| Point | Lat: 43.13695 Lng: 24.71419 | |
Location #RGaAmxqc | ||
| Spatial accuracy level | Administrative region | |
| Location | Пазарджик, Болгарія | |
| Point | Lat: 42.19277 Lng: 24.33357 | |
Location #YxdYCPcM | ||
| Spatial accuracy level | Administrative region | |
| Location | Разград, Болгарія | |
| Point | Lat: 43.53367 Lng: 26.54112 | |
Location #_4Dg11jB | ||
| Spatial accuracy level | Administrative region | |
| Location | Силистра, Болгарія | |
| Point | Lat: 44.11473 Lng: 27.26719 | |
Location #cR_6iwU0 | ||
| Spatial accuracy level | Administrative region | |
| Location | Русе, Болгарія | |
| Point | Lat: 43.83557 Lng: 25.96566 | |
Data sources | ||
Data source #xnM5Tvpk | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Comment on data source | Company statisctics | |
Data source #_Zkq3AyI | ||
| Date | 2019 | |
| Comment on data source | Presentation of the Company.
IFC holds a stake. | Presentation of the Company.
|
Data source #-jDGEhe7 | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Comment on data source | Parent company | |
Data source #Kun6txAd | ||
| Publication title | «Advance Terafund» REIT specializes in selling agricultural land | |
| Date | 2016-12-19 | |
| Comment on data source | Адванс Терафонд” АДСИЦ се ориентира към продажба на земеделска земя | As of the end of November 2016. Advance Terrafund REIT owns 225,267 acres of agricultural land and 139 acres of urban land. |
Data source #Mms2t6vH | ||
| Date | 2021-02-26 | |
| Comment on data source | About rented land to farmers - 441 | About rented land to farmers in 2021 - 441. The date of access to the website is indicated
|
Data source #qEGxu9xn | ||
| Date | 2021-02-26 | |
| Comment on data source | Strategy of the company | Strategy of the company. The date of access to the website is indicated
|
Data source #Ly5AVpy6 | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| 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 #uM1gmZL1 | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | What is land consolidation? | |
| Date | 2024-12-25 | |
| Comment on data source | Land consolidation projects. The date of access to the website is indicated | |
Data source #f5QPwZZX | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Farmland. The date of access to the website is indicated | |
Data source #PosJzwLx | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | History of the company. The date of access to the website is indicated | |
Data source #mX0UYQAD | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Brief dossier of the operating company. The date of access to the website is indicated | |
Data source #Mp_vqqhe | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Acquired lands statistics according to the company's sources. The date of access to the website is indicated | |
Data source #NHC0NKET | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| 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 #c_1Xhhkm | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Portfolio allocation by acquisition cost as of Q4 2023. The date of access to the website is indicated | |
Data source #T2WHBHNS | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Organizational structure of the operating company. The date of access to the website is indicated | |
Data source #g4lVvqKD | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Business model of the operating company. The date of access to the website is indicated | |
Data source #RuXPvv-X | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Leased land in 2022-2024. The date of access to the website is indicated | |
Data source #iR3bZ0tI | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-25 | |
| Comment on data source | Advance Terrafund REIT on LinkedIn. The date of access to the website is indicated | |
Data source #t6hrC17b | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2008-12-15 | |
| Comment on data source | ADVANCE TerraFund REIT monthly newsletter – November 2008
| |
Data source #FurdAlii | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2009-02-05 | |
| Comment on data source | ADVANCE TerraFund REIT monthly newsletter – December 2008 | |
Contracts | ||