Deal #951

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

Land area

Size under contract (leased or purchased area)
  • [2012] 2330.0 ha
  • [2013] 46.0 ha
  • [2016, current] 41.0 ha

Intention of investment

Intention of investment
  • [current] Agriculture unspecified
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. The numbers cited above refer to agricultural land investments

Nature of the deal

Nature of the deal
Outright purchase, Lease
Comment on nature of the deal
The Fund has entered into operating lease agreements of agricultural and non-agricultural land. These leases have terms between 1 and 10 years. In 2019, the Fund sold a large part of its agricultural land.(according to the Report 2019)

Negotiation status

Negotiation status
  • [2006, current] Concluded (Contract signed)
Comment on negotiation status
several contracts

Implementation status

Implementation status
  • [2005] Startup phase (no production)
  • [2015, current] In operation (production)