The agricultural land projects consists of investsments in high-category land plots throughout the territory of Bulgaria. The acquired properties are located in a top agricultural location and a wheat-growing area, known for its rich soils and for the highly developed and mechanized crop growing process there.
Currently BREF is owner of 404.6 dka of agricultural land. The total invested funds in the project are EUR 58 thousand. Most of the purchased properties are III and IV category, with an average size of each plot of about 10-15 dka.
At the end of March 2019, the Board of Directors of the Fund decided to sell the properties in case of interest from a potential buyer.