SeeNews | 15 September 2014
Bulgarian REIT Advance Terrafund sells 2,336 ha of farmland in Jan-Aug
SOFIA (Bulgaria) – Bulgarian real estate investment trust (REIT) Advance Terrafund [BUL:6A6] said on Monday it sold 2,336 hectares (ha) of farmland at a price of 11,460 levs ($7,570/5,860 euro) per ha in the first eight months of 2014.
In August alone, the company sold 129.2 ha of farmland, Advance Terrafund said in a monthly bulletin.
The company’s portfolio consisted of 21,440 ha of farmland and 13.9 ha of urban land at the end of August.
Bulgarian REIT Advance Terrafund sells 2,336 ha of farmland in Jan-Aug
SOFIA (Bulgaria) – Bulgarian real estate investment trust (REIT) Advance Terrafund [BUL:6A6] said on Monday it sold 2,336 hectares (ha) of farmland at a price of 11,460 levs ($7,570/5,860 euro) per ha in the first eight months of 2014.
In August alone, the company sold 129.2 ha of farmland, Advance Terrafund said in a monthly bulletin.
The company’s portfolio consisted of 21,440 ha of farmland and 13.9 ha of urban land at the end of August.