Please note: you are viewing an old version of this deal. The current version can be found here: Deal #951

Deal #951 Version #50253

Bulgaria
Created at
2013-02-15
Last update
2015-12-28
Last full update
2020-09-16

Land area

Size under contract (leased or purchased area)
  • 2330.0 ha
  • [2007] 3663.0 ha
  • [2013, current] 46.0 ha
Comment on land area
No information on current land size. According to website, BREF has 5 ongoing projects and four in the pipeline.

Intention of investment

Intention of investment
  • [current] Food crops, Tourism, Industry
Comment on intention of investment
the investor is a fund that buys land and leases it back to other companies for agricultural crop production, tourism and industry

Nature of the deal

Nature of the deal
Outright purchase

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)
Comment on negotiation status
several contracts

Implementation status

Implementation status
  • [2005] Startup phase (no production)
  • [2013] Project abandoned
  • [2015, current] In operation (production)
Comment on implementation status
The investor sold (abandoned) most of its land area and remained with only 46 ha under contract in 2013. According to its website, BREF has 5 ongoing projects and four in the pipeline (July 2015)