| Deal #7718 | Version 80884 | Version 95563 |
|---|---|---|
General info | ||
| Comment on land area | This amount of land was contracted during 2016. | The land bank of the operating company is the total amount of land acquired in 2016.
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.
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. |
| Nature of the deal | Outright purchase | Outright purchase, Lease |
| Comment on nature of the deal | Leased agricultural land:
2015- 2016 - 21 034 ha
2013-2014 - 15 606 ha | |
| Implementation status |
| |
| Comment on implementation status | In 2016 the Company sold 1 517 ha.
Sale of agricultural land:
2015 - 721.2 ha
2014 - 2206.8 ha
2013 - 4606.9 ha | |
| Comment on purchase price | In 2016 were sold 1 517 ha at average price 1 318 BGN/da (6 740 EUR/ha).
(According to Data source #14) | |
Employment | ||
Investor info | ||
| 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.
Code - UIC 131418187 (re-registered in 2016) | |
Local communities / indigenous peoples | ||
Former use | ||
| Comment on former land owner | Not sure about private large scale farm but the Company was buying land from other private companies. | Land is bought from individuals and companies only.
In December 2011 the company launched along with the other members of the Bulgarian Association of Owners of Agricultural Land (BAALO) 5 projects for restructuring of agricultural land, and in January 2013 another 15 projects for land consolidation were launched from BAALO. |
| 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 the end of December 2016 Advance Terrafund REIT owns 22 532 ha of farmland and 13.9 ha of urban land. | |
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
| Overall comment | This Deal is linked to other Deals (##7687, 7688, 7690, 7691, 7692, 7693, 7695, 7694 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 #Z8cCQ0W3 | ||
| Spatial accuracy level | Administrative region | |
| Location | Враца, Болгарія | |
| Point | Lat: 43.21024 Lng: 23.55288 | |
Location #t4tzNY4r | ||
| Spatial accuracy level | Administrative region | |
| Location | Видин, Болгарія | |
| Point | Lat: 43.99616 Lng: 22.86793 | |
Location #XyWtLjTE | ||
| Spatial accuracy level | Administrative region | |
| Location | Велико-Тырново, Болгарія | |
| Point | Lat: 43.07567 Lng: 25.61715 | |
Location #3umju1aW | ||
| Spatial accuracy level | Administrative region | |
| Location | Стара-Заґора, Болгарія | |
| Point | Lat: 42.42578 Lng: 25.63446 | |
Location #FOHYhQlr | ||
| Spatial accuracy level | Administrative region | |
| Location | Хасково, Болгарія | |
| Point | Lat: 41.93444 Lng: 25.55545 | |
Location #1MXNF2nr | ||
| Spatial accuracy level | Administrative region | |
| Location | Шумен, Болгарія | |
| Point | Lat: 43.27124 Lng: 26.93613 | |
Location #xiizieth | ||
| Spatial accuracy level | Administrative region | |
| Location | Варна, Болгарія | |
| Point | Lat: 43.21405 Lng: 27.91473 | |
Location #Jv-_XSaQ | ||
| Spatial accuracy level | Administrative region | |
| Location | Ямбол, Болгарія | |
| Point | Lat: 42.4842 Lng: 26.5035 | |
Location #KTLlAvhk | ||
| Spatial accuracy level | Administrative region | |
| Location | Монтана, Болгарія | |
| Point | Lat: 43.40852 Lng: 23.22573 | |
Location #y6eJBoXl | ||
| Spatial accuracy level | Administrative region | |
| Location | Пловдив, Болгарія | |
| Point | Lat: 42.13541 Lng: 24.74529 | |
Location #fT2kA2NJ | ||
| Spatial accuracy level | Administrative region | |
| Location | Бурґас, Болгарія | |
| Point | Lat: 42.50479 Lng: 27.46264 | |
Location #FEoYDJmu | ||
| Spatial accuracy level | Administrative region | |
| Location | Плевен, Болгарія | |
| Point | Lat: 43.41704 Lng: 24.60668 | |
Location #GSMS63Yf | ||
| Spatial accuracy level | Administrative region | |
| Location | Сливен, Болгарія | |
| Point | Lat: 42.68165 Lng: 26.32287 | |
Location #r7eSmH7x | ||
| Spatial accuracy level | Administrative region | |
| Location | Тырговиште, Болгарія | |
| Point | Lat: 43.24936 Lng: 26.57274 | |
Location #dbY3ON8e | ||
| Spatial accuracy level | Administrative region | |
| Location | Разград, Болгарія | |
| Point | Lat: 43.53367 Lng: 26.54112 | |
Location #jDDD_C7n | ||
| Spatial accuracy level | Administrative region | |
| Location | Силистра, Болгарія | |
| Point | Lat: 44.11473 Lng: 27.26719 | |
Location #WJPuHtn1 | ||
| Spatial accuracy level | Administrative region | |
| Location | Русе, Болгарія | |
| Point | Lat: 43.83557 Lng: 25.96566 | |
Location #gRWIXoGW | ||
| Spatial accuracy level | Administrative region | |
| Location | Габрово, Болгарія | |
| Point | Lat: 42.87422 Lng: 25.31868 | |
Location #HHSpIosJ | ||
| Spatial accuracy level | Administrative region | |
| Location | Добрич, Болгарія | |
| Point | Lat: 43.57259 Lng: 27.82726 | |
Location #NAQXEDK_ | ||
| Spatial accuracy level | Administrative region | |
| Location | Ловеч, Болгарія | |
| Point | Lat: 43.13695 Lng: 24.71419 | |
Data sources | ||
Data source #CzbTkkjU | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Comment on data source | Acquired land statistic from 2005 till 2021 | |
Data source #NuWIEzp0 | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Comment on data source | Involved in the land consolidation process | |
Data source #S7G5uW5D | ||
| Date | 2019 | |
| Comment on data source | Presentation of the Company. | |
Data source #z5w2RP5S | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Strategy | |
Data source #OOTGf4vX | ||
| Date | 2021-02-26 | |
| Comment on data source | Rent to farmers | Rent to farmers. The date of access to the website is indicated |
Data source #1uifgDBG | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Advance Terrafund REIT on LinkedIn. The date of access to the website is indicated | |
Data source #nx5F3Bz0 | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Leased land in 2022-2024. The date of access to the website is indicated | |
Data source #orxN6ipK | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Business model of the operating company. The date of access to the website is indicated | |
Data source #k7UB3tKb | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Organizational structure of the operating company. The date of access to the website is indicated | |
Data source #E42FEpCB | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| 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 #EiFVqG2e | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Acquired lands statistics according to the company's sources. The date of access to the website is indicated | |
Data source #QcrhIEOf | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Brief dossier of the operating company. The date of access to the website is indicated | |
Data source #NkmCSkFb | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | History of the company. The date of access to the website is indicated | |
Data source #RR-3xzXz | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Farmland. The date of access to the website is indicated | |
Data source #ctWso0TJ | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| Comment on data source | Land consolidation projects. The date of access to the website is indicated | |
Data source #gSMZAOxh | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2024-12-29 | |
| 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 #kZIrP-wu | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2017-01-16 | |
| Comment on data source | ADVANCE TERRAFUND REIT monthly newsletter – December 2016 | |
Data source #T-Ateh7W | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2017-02-15 | |
| Comment on data source | ADVANCE TERRAFUND REIT monthly newsletter – January 2017 | |
Contracts | ||