Agrarian reform in Bulgaria is going in the wrong direction. But if the corporative model of working the land were implemented, then agricultural business could attract more foreign investment and boost the country’s economy in the wake of the weakened tourism and construction sectors. This was the rough conclusion of a conference entitled Investments in Agricultural Lands 2008 – New Mechanisms fo [Read more...]

Bulgarian real estate investment funds (REITs) focused on arable land have accumulated 71 000 ha, according to the latest market data, which also showed that the biggest special purpose vehicles were boosting their market share. The biggest REITs were the most active buyers, while their smaller competitors were more cautious and purchase smaller plots. The three biggest REITs – Elana Agricultur [Read more...]

The collective agricultural land assets of the Bulgarian real estate investment funds (REITs) reached 60 000 ha in late February, Dnevnik daily reported on March 17, quoting data made available by the biggest funds on the market. Elana Agricultural Land Opportunity leads the pack with 25 800 ha after adding 490 ha in February. It is followed by Advance Terrafund with 21 700 ha, unchanged in com [Read more...]