On 22 June 2026, Advance Terrafund REIT (ISIN: BG1100025052) paid its annual dividend of EUR 0.065 per share, representing an annual yield on the Fund’s acquisition cost of approximately 4.84%. At the time of the distribution, Bulgaria AIF Fund held 11,488 shares of Advance Terrafund, generating total dividend income of EUR 746.72.
Advance Terrafund is the largest agricultural real estate investment trust (REIT) in Bulgaria and has a long-standing history of distributing annual dividends. It is also the most liquid REIT listed on the Bulgarian Stock Exchange and is a constituent of the BG REIT Index. Under Bulgarian law, REITs are required to distribute at least 90% of their annual accounting profit as dividends, making them an attractive income-generating investment.
For Bulgaria AIF Fund, Advance Terrafund represents a strategic long-term holding. The Fund intends to increase its position opportunistically, focusing on acquisitions at attractive valuations rather than purchasing shares at prevailing market prices. The current target acquisition level is approximately EUR 1.25 per share, representing a discount of around 5–10% to the current market price, subject to market conditions and available liquidity.
