Advance Terrafund REIT
Advance Terrafund REIT is a Bulgarian publicly traded REIT that owns and leases approximately 17,230 hectares of farmland to agricultural tenants, generating recurring rental income of around 4.5 million euros annually.
- Company typePublic
- Founded2016
- HeadquartersSofia, Bulgaria
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Advance Terrafund REIT does
Advance Terrafund REIT is a Bulgarian real estate investment trust that owns, leases, and trades agricultural and urbanized land in Bulgaria. The company was founded in 2005 and is headquartered in Sofia, with shares traded on the Bulgarian Stock Exchange under the ticker ATER. Its core activities are acquiring Bulgarian farmland, leasing it to agricultural tenants for recurring rental income, and selectively selling parcels to optimize the portfolio. At the end of June 2026, the company owned approximately 17,230 hectares of farmland, down from 17,922 hectares at the end of May 2026 after net sales of 35.2 hectares in May and 286.5 hectares in June (with small offsetting purchases). The company also reported owning 6.08 hectares of urban land.
The business model is straightforward: the REIT generates recurring rental income from farmland leases, with expected rental income of approximately 4.5 million euros for the 2025-2026 crop year, slightly down from 4.6 million euros in the prior year. It supplements this recurring stream with one-time revenue from land sales. Distribution is direct: tenants lease land through direct rental agreements, and shares are distributed to investors via public stock exchange trading. The REIT structure mandates income distribution to shareholders.
The company operates with 51-100 employees, and its operating geography is exclusively domestic (Bulgaria). No acquisitions, partnerships, leadership changes, or product launches are documented in the available data. The financials table provided contains revenue figures that appear inconsistent with the reported rental income (possibly currency or unit errors), so the more reliable rental income disclosure is used as the primary revenue anchor. No AI, technology platform, or proprietary product capabilities are documented.
Advance Terrafund REIT firmographics
Firmographics- Name
- Advance Terrafund REIT
- Legal name
- Advance Terrafund REIT
- Website
- https://advanceterrafund.bg
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Advance Terrafund REIT is a Bulgarian publicly traded REIT that owns and leases approximately 17,230 hectares of farmland to agricultural tenants, generating recurring rental income of around 4.5 million euros annually.
- Ownership category
- akta.pro rank
Advance Terrafund REIT industry classification
Industry- Product category
- Agricultural REIT
- NAICS
- Lessors of Other Real Estate Property (53119), Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Natural Resources Funds (Timberland, Farmland, Minerals) (FSANAEAK)
- akta.pro secondary industries
- Real Assets & Infrastructure ETFs (REITs, Infrastructure, Natural Resources) (FSAAAFAH), Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)
Keywords
Where Advance Terrafund REIT is headquartered
LocationHeadquarters
- HQ city
- Sofia
- HQ country
- Bulgaria
- HQ region
- Europe
Markets served
Advance Terrafund REIT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Others
Revenue model
- Farmland Rental Income: The company generates recurring rental income from leasing owned farmland to agricultural tenants. Expected rental income of approximately 4.5 million euros for the crop year starting October 2025.
- Land Sales: The company buys and sells farmland as part of its portfolio management strategy, generating one-time transaction revenue from land divestitures.
Distribution channels1 record
Advance Terrafund REIT product offering
Product offeringCore offering
Advance Terrafund REIT is a publicly listed real estate investment trust that acquires, consolidates, leases, and sells agricultural and urbanized lands in Bulgaria. The trust owns approximately 17,230 hectares of farmland leased to agricultural tenants, generating rental income expected to reach roughly 4.5 million EUR for the crop year beginning October 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Agricultural Land Rental Program Long-term lease of consolidated agricultural land to farmers and agribusiness operators in Bulgaria, with expected rental income of roughly 4.5 million EUR for the crop year starting October 2025.
- Listed REIT Shares (Bulgarian Stock Exchange: ATER)
Companies that use Advance Terrafund REIT
Customer profileIdeal customer profiles2 records
Advance Terrafund REIT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Advance Terrafund REIT partnerships and signals
Strategic signalScale indicators4 records
Recent moves3 records
Expansion highlights2 records
Advance Terrafund REIT competitors and assessment
Company assessmentRegional players
- Optima Group Bulgaria: Bulgarian real estate company focused on property investment and development in the same domestic market, providing regional comparability for Bulgarian real estate investment activities.
- Bulgarian Real Estate Fund (BREF): Bulgarian real estate investment vehicle operating in the same domestic market, providing comparability for local real estate investment returns and market dynamics.
Direct peers
- Gladstone Land Corporation: US-listed farmland REIT that acquires and leases farmland to farmers, directly comparable to Advance Terrafund REIT's business model of owning and renting agricultural land for rental income.
- Farmland Partners Inc. US-listed REIT focused on acquiring, owning, and leasing high-quality farmland to farmers across the US, serving as a direct global peer in the pure-play farmland REIT category.
Emerging players
- Cibus Capital: European agricultural investment manager focused on sustainable farmland investments, comparable to Advance Terrafund REIT's thematic focus on agricultural land as an investable asset class.
- AGROB Immobilien AG: European real estate company investing in agricultural and forestry properties, comparable as a peer in agricultural land investment strategies within the broader European market.
Market position
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Advance Terrafund REIT social profiles
Digital presenceAdvance Terrafund REIT financial estimates
Financial estimateRevenue estimate
Valuation estimate
Advance Terrafund REIT leadership team
Management profileNumber of profiles
Profiles1 record
Advance Terrafund REIT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Advance Terrafund REIT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Advance Terrafund REIT
What does Advance Terrafund REIT do?
Advance Terrafund REIT is a publicly listed real estate investment trust that acquires, consolidates, leases, and sells agricultural and urbanized lands in Bulgaria. The trust owns approximately 17,230 hectares of farmland leased to agricultural tenants, generating rental income expected to reach roughly 4.5 million EUR for the crop year beginning October 2025.
Is Advance Terrafund REIT a public or private company?
Advance Terrafund REIT is a public company. It is classified as public and is currently operating.
When was Advance Terrafund REIT founded?
Advance Terrafund REIT was founded in 2016. It employs 51 to 100 people.
Where is Advance Terrafund REIT based?
Advance Terrafund REIT is headquartered in Sofia, Bulgaria, in the Europe region.
How does Advance Terrafund REIT make money?
Two revenue lines are on record. Farmland Rental Income is the primary driver. The others are land Sales.
Who are Advance Terrafund REIT's main competitors?
Regional players on record are Optima Group Bulgaria and Bulgarian Real Estate Fund (BREF). Direct peers are Gladstone Land Corporation and Farmland Partners Inc.. Emerging players are Cibus Capital and AGROB Immobilien AG.
Does Advance Terrafund REIT have an API?
No public API is recorded for Advance Terrafund REIT.
What industry is Advance Terrafund REIT in?
Advance Terrafund REIT's product category is Agricultural REIT. Its primary akta.pro industry code is FSANAEAK, Natural Resources Funds (Timberland, Farmland, Minerals), with a secondary code of FSAAAFAH, Real Assets & Infrastructure ETFs (REITs, Infrastructure, Natural Resources). Its NAICS code is 53119 and its SIC code is 6798.