Deal #7692 Version 80785 Version 95556
Comment on land area
This amount of land was contracted during 2009
The land bank of the operating company is the total amount of land acquired in 2009. 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. 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.
Operating company calculates the indicators in two ways, for the agricultural year and the year-end. According for second version, As of the end of January 2010 Advance Terrafund REIT has signed rental contracts for 21 414 ha or 67.7% of all the lands acquired till the end of 2009.
Implementation status
  • [2009, current] In operation (production)
Comment on leasing fee
The average rental from all contracts is 20.65 BGN/dca (105.58 EUR/ha).
Comment on investment chain
Advance TerraFund REIT (the Company) is a public joint-stock company established at Foundation Meeting held on 12 April 2005 with initial capital amounting to BGN 500,000 divided into 500,000 shares.
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, 2009 Advance Terrafund REIT owns around 30 700 ha of agricultural land and 13.9 ha of urban land.
Overall comment
This Deal is linked to other Deals (##7687, 7688, 7690, 7691, 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.

Location #rtyCc08n

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

Location #82Q2OcYv

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Location
Видин, Болгарія
Point
Lat: 43.99616
Lng: 22.86793

Location #vo3lfW4l

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

Location #Oq5PIiv1

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

Location #PSSgU1e6

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Хасково, Болгарія
Point
Lat: 41.93444
Lng: 25.55545

Location #fuxAY-vQ

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Шумен, Болгарія
Point
Lat: 43.27124
Lng: 26.93613

Location #ZJX9_pq8

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Варна, Болгарія
Point
Lat: 43.21405
Lng: 27.91473

Location #LwrjYDXk

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Ямбол, Болгарія
Point
Lat: 42.4842
Lng: 26.5035

Location #PXOK2FIU

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Монтана, Болгарія
Point
Lat: 43.40852
Lng: 23.22573

Location #mVx05lCP

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Пловдив, Болгарія
Point
Lat: 42.13541
Lng: 24.74529

Location #-Q82wk43

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Location
Бурґас, Болгарія
Point
Lat: 42.50479
Lng: 27.46264

Location #8m11CrW2

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Плевен, Болгарія
Point
Lat: 43.41704
Lng: 24.60668

Location #9k42ihh-

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Location
Сливен, Болгарія
Point
Lat: 42.68165
Lng: 26.32287

Location #FLyERE1M

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Location
Тырговиште, Болгарія
Point
Lat: 43.24936
Lng: 26.57274

Location #i4w0DecD

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Location
Ловеч, Болгарія
Point
Lat: 43.13695
Lng: 24.71419

Location #Gv6Joqb7

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Location
Разград, Болгарія
Point
Lat: 43.53367
Lng: 26.54112

Location #WGRTAFFw

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Location
Силистра, Болгарія
Point
Lat: 44.11473
Lng: 27.26719

Location #yQm85VpV

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Location
Русе, Болгарія
Point
Lat: 43.83557
Lng: 25.96566

Location #MZM4ykGI

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Location
Габрово, Болгарія
Point
Lat: 42.87422
Lng: 25.31868

Location #WR0sqCvY

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Location
Добрич, Болгарія
Point
Lat: 43.57259
Lng: 27.82726

Data source #-fz-P7Es

File
Type
Company sources
Url
Keep PDF not public
No
Comment on data source
Company own statistics on land acquisitions from 2005 to 2021

Data source #6yuAC2MI

Date
2019
Comment on data source
presentation of investor
Presentation of the operating company, as of 2019.

Data source #cdNTc3h2

File
Type
Company sources
Url
Keep PDF not public
No
Comment on data source
Strategy

Data source #6fIEWHiR

File
Type
Company sources
Url
Keep PDF not public
No
Comment on data source
About farmers

Data source #j8sc5Rox

File
Type
Company sources
Url
Keep PDF not public
No
Date
2010-02-15
Comment on data source
ADVANCE TERRAFUND REIT monthly newsletter - January 2010

Data source #h5Y5ALmZ

File
Type
Company sources
Url
Keep PDF not public
No
Date
2009-01-18
Comment on data source
ADVANCE TERRAFUND REIT monthly newsletter - December 2009

Data source #8KDcxjD3

File
Type
Company sources
Url
Keep PDF not public
No
Date
2009-12-31
Comment on data source
Annual management report and financial statement.

Data source #YvpvuLkr

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 #OM3CVJ7s

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-25
Comment on data source
Land consolidation projects. The date of access to the website is indicated

Data source #W4nv0Nr1

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 #qnlMf1vs

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 #-U2DxPVY

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 #t0gJZlEw

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 #2F0iKh-t

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 #Cdb1G9sk

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 #9yjJdlG2

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 #DBNnTBPw

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 #9BNZpmj8

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 #vGx2Gly6

File
Type
Company sources
Url
Keep PDF not public
No
Date
2024-12-26
Comment on data source
Acquired land by districts as of September 30, 2009. The date of access to the website is indicated