Because I believe that farmland will be one of the most profitable investments in the next decade, I have decided to do an analysis of the biggest farmland REIT that operates in Bulgaria. I was looking for a cheaper way to invest in farmland as the prices of farmland locally have already increased drastically in the past few years. Because REITs usually promote themselves as “a really cheap way to buy farmland”, I wanted to challenge that and see if it’s worth it.
After a deep dive in the company’s financial statements, I have create a spreadsheet with the financial data and few charts for your reference.
Expected long-term return based on stock price