Member of APF GROUP
LIQUID FINANCIAL RESERVE OF THE APF GROUP: USD 696.353 (29.4.2024)

News

News 13.05.2024

Start of agricultural production within the APF GROUP

Dear Clients,

In accordance with the long-term strategy of APF GROUP, we are starting agricultural production on agricultural land owned by APF GROUP.

Agricultural production will be focused on sustainable agriculture (conservation agriculture) with respect to ecology and climate change.

The sectors of agricultural production that will be implemented through APF AGRICULTURAL PRODUCTION CR s.r.o.:

– crop production – growing crops (cereals, forage crops, vegetables)

– livestock production (extensive breeding of beef cattle breeds)

– viticulture (establishment and operation of vineyards, wineries)

The proceeds from the sale of the APFC token will continue to be used for the purchase of agricultural land and the financing of agricultural activities within the APF GROUP.

We will keep you informed about the implementation of specific agricultural projects.

Thank you for your trust and cooperation.

News 09.05.2024

Reduction of the basic reference rate

Dear Clients,

In connection with the reduction of the CNB base rates, we hereby announce a reduction of the basic reference rate for real products to 4.25%.

Thank you for your trust and cooperation.

News 06.05.2024

Total area of agricultural land owned by APF GROUP

Dear Clients,

We would like to inform you that the total area of agricultural land owned by APF GROUP has now exceeded 560 ha (5,600,000 m2). By the end of 2024 we expect to reach a total area of 1,200 ha.

The purchased land is used for the implementation of agricultural projects through the APF GROUP CR SICAV a.s. fund in cooperation with individual tenants.

Thank you for your cooperation and trust.

News 06.05.2024

Establishment of a European fund for qualified and professional investors

Dear Clients,

As part of APF GROUP’s planned expansion into the European investment market, we are pleased to announce the launch of the Notified Alternative Investment Fund (Notified Alternative Investment Fund) for qualified and professional investors. The APF GROUP EUROPE SICAV P.L.C. fund, based in Malta, is a combined conservative crypto fund with a focus on investments in agricultural land, agricultural projects and agricultural land tokenisation. The funds raised through the fund will be primarily directed to the Czech Republic to support Czech agriculture.

The minimum investment amount is EUR 100.000. The fund is harmonised according to the European AIFMD.

We will keep you informed about further developments of the project.

Thank you for your cooperation and trust.

News 02.05.2024

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of April, we executed 59 deals with a total value of USD 3.790.102 with a total area of 1,421,628 m2 (142.2 ha). Since January 2024, we have executed a total of 181 deals with a total value of USD 11.739.356.

Thank you for your trust and cooperation so far.

News 02.05.2024

Agricultural land owned by APF GROUP

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

In the Land offer you will find the current list of title deeds with land owned by APF GROUP as of 30.4.2024. The list includes land for which the registration of the ownership right in the National Court Register has taken place. Ongoing transfers of ownership right are not taken into account. The registration of the ownership right in the National Court Register is preceded by the payment of the purchase price, which we regularly inform about separately.

Thank you for your cooperation and support so far.

News 27.04.2024

Overview of purchase price payments for agricultural land

Dear Clients,
Within the framework of the declared values of the APF GROUP (transparency), we publish an overview of the payments made for the purchase of agricultural land owned by the Group. Since 1 January 2024, we have paid purchase prices in the total amount of 145.6 million EUR. (overview of movements sought).

Investments in agricultural land within selected locations in Central and South Moravia are the main pillar of investments within the APF GROUP. The land will subsequently be used for the implementation of agricultural projects through the APF GROUP CR SICAV a.s. fund in cooperation with individual tenants.

Thank you for your cooperation and trust so far.

News 14.04.2024

Agricultural land tokenisation project

Dear Clients,
We have previously informed you about the implementation of the project of tokenization of agricultural land, which is carried out through the company APF DIGITAL AGRIFUND CR s.r.o. and is intended primarily for the foreign market. The aim of the project is to purchase agricultural land through the issue of APFC tokens. The token is linked to the possibility of repurchase with adequate security (joint and several liability, lien) for a predetermined future purchase price.

You can follow the development of the project here.

You can follow the price development of the APFC token on Coingecko.

In case of your interest, we have prepared discounted conditions for the purchase of the token for the clients of APF GROUP.

Thank you for your cooperation and trust so far.

News 10.04.2024

Climate change and its impact on the human psyche

Dear Clients,

If you are interested in climate change and its impacts, we recommend a novel webinar focused on environmental anxiety. The impacts of climate change affect our psyche and bring many concerns. The webinar provides you with basic information about climate change, explanation of terms and other aspects of the issue.

The webinar will be conducted by psychologist Mgr. Matej Mičulka.

More information can be found here.

Thank you for your cooperation and support.

News 08.04.2024

Structure of client portfolios of APF VENTURE CAPITAL CR s.r.o.

Dear Clients,

The total value of client portfolios as of 31 March 2024 was USD 35,538,381. Compared to 31.12.2023, the total value increased by CZK 113,861,936 (15.86%).

For more information on the structure of client portfolios, please refer to the Results of Operations page.

The total current value of agricultural land under management (own purchased land and client portfolios) exceeded CZK 1,100 million.

Thank you for your trust and cooperation.

News 04.04.2024

The Conseq.cz portal

Dear Clients,

We hereby inform you that our fund APF GROUP CR SICAV a.s. has been included among the investment funds offered through the investment portal of Conseq Investment Management, a.s. (www.conseq.cz).

More information can be found here.

Thank you for your support and trust.

News 04.04.2024

Overview of purchase price payments for agricultural land

Dear Clients,
Within the framework of the declared values of the APF GROUP (transparency), we publish an overview of the payments made for the purchase of agricultural land owned by the Group. Since 1 January 2024 we have paid purchase prices in the total amount of USD 5,480,217. CZK (overview of movements sought).

Investments in agricultural land within selected locations in Central and South Moravia are the main pillar of investments within the APF GROUP. The land will subsequently be used for the implementation of agricultural projects through the APF GROUP CR SICAV a.s. fund in cooperation with individual tenants.

Thank you for your cooperation and trust so far.

News 03.04.2024

Agricultural land owned by APF GROUP

Dear Clients,

We hereby disclose the total book value of agricultural land owned by APF GROUP, which was reported as of 31.3.2024 in the amount of USD 10.905.488 with a total area of 4,308,736 m2 (430.9 ha). The value of the land for which the deposit procedure for change of ownership is currently underway is USD 4.191.973 (charged to advances made). After the registration of the ownership right in the National Court Register, this value will increase the total book value of agricultural land owned by APF GROUP.

Thank you for your trust and cooperation.

News 03.04.2024

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of March, we executed 25 deals with a total value of CZK 73,839,081 with a total area of 1,023,400 m2 (102.3 ha). Since January 2024, we have completed a total of 122 deals with a total value of CZK 186,250,265.

Thank you for your trust and cooperation so far.

News 30.03.2024

Utility garden APF Hněvotín

Dear Clients,

We have previously informed you about the launch of a project to build a utility garden on the purchased land owned by APF GROUP in the area of the village of K. Hněvotín (Olomouc district).

You can follow the ongoing development of the project on our FB profile, which can be found here.

Project manager Mgr. Jana Mičulková.

Thank you for your cooperation and support.

News 29.03.2024

Agricultural land owned by APF GROUP

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

In the Land offer you will find the current list of title deeds with land owned by APF GROUP as of 29.3.2024. The list includes land for which the registration of the ownership right in the National Court Register has taken place. Ongoing transfers of ownership right are not taken into account. The registration of the ownership right in the CN is preceded by the payment of the purchase price, which we regularly inform about separately.

We would like to thank you for your cooperation and support so far.

News 26.03.2024

Overview of purchase price payments for agricultural land

Dear Clients,
Within the framework of the declared values of the APF GROUP (transparency), we are publishing an overview of payments made for the purchase of agricultural land owned by the Group. Since 1 January 2024 we have paid purchase prices in the total amount of 103.0 million CZK. CZK (overview of movements sought).

Investments in agricultural land within selected locations in Central and Southern Moravia are the main pillar of investments within the APF GROUP. The land will subsequently be used for the implementation of agricultural projects through the APF GROUP CR SICAV a.s. fund in cooperation with individual tenants.

Thank you for your cooperation and trust so far.

News 26.03.2024

Regular monthly payments of interest and bond proceeds

Dear Clients,

We would like to inform you that in connection with the upcoming Easter holidays, the regular monthly payments of interest and bond proceeds will be settled on 2 April 2024 (the first business day following the holiday).

In case of any discrepancies, please do not hesitate to contact us.

We thank you for your cooperation.

News 20.03.2024

Reduction of the basic reference rate

Dear Clients,

In connection with the reduction of the CNB base rates, we hereby announce a reduction of the basic reference rate for real products to 4.75%.

Thank you for your trust and cooperation.

News 20.03.2024

INTERNATIONAL REAL ESTATE EXPO 2024

Dear Clients,

As part of the expansion of the PR activities of APF GROUP, we have accepted an invitation to the International Real Estate EXPO 2024 exhibition, which will be held 12-13 April 2024 in Prague. This is the first international expo in the Czech Republic, which focuses on connecting investors with companies that are active in the real estate sector and offer entry into this sector.

More information about the expo can be found here.

Thank you for your trust and we look forward to seeing you again.

News 15.03.2024

Overview of purchase price payments for agricultural land

Dear Clients,
Within the framework of the declared values of the APF GROUP (transparency), we publish an overview of the payments made for the purchase of agricultural land owned by the Group. Since 1 January 2024, we have paid purchase prices in the total amount of CZK 73.5 million. CZK (overview of movements searched).

Investments in agricultural land within selected locations in Central and Southern Moravia are the main pillar of investments within the APF GROUP. The land will subsequently be used for the implementation of agricultural projects through the APF GROUP CR SICAV a.s. fund in cooperation with individual tenants.

Thank you for your cooperation and trust so far.

News 05.03.2024

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of February, we executed 37 deals with a total value of USD 2.493.182 (CZK 58,285,802) with a total area of 985,839 m2 (98.6 ha). Since January 2024, we have executed a total of 97 deals with a total value of  USD 4.808.402 (CZK 112,411,184).

Thank you for your trust and cooperation so far.

News 29.02.2024

APFAF 10.0/25 bond issue sold out

Dear Clients,

We would like to inform you that the APFAF 10.0/25 bond issue has been sold out.

Thank you for your cooperation and trust.

News 29.02.2024

Overview of purchase price payments for agricultural land

Dear Clients,
Within the framework of the declared values of the APF GROUP (transparency), we publish an overview of the payments made for the purchase of agricultural land owned by the Group. Since 1 January 2024, we have paid purchase prices in the total amount of 55.9 million CZK. CZK (overview of movements searched).

Investments in agricultural land within selected locations in Central and South Moravia are the main pillar of investments within the APF GROUP. The land will subsequently be used for the implementation of agricultural projects through the APF GROUP CR SICAV a.s. fund in cooperation with individual tenants.

Thank you for your cooperation and trust so far.

News 22.02.2024

Product SYMBION

Dear Clients,

We hereby inform you that our fund APF GROUP CR SICAV a.s. has been included in the SYMBION product at DELTA investiční společnost, a.s.

The SYMBION product offers a diverse range of qualified investor funds which, as a whole, contribute to the stability of your investment portfolio starting from CZK 1 million. Under this product, you can invest in our fund from CZK 100,000.

More information can be found here.

Thank you for your support and trust.

News 20.02.2024

Overview of purchase price payments for agricultural land

Dear Clients,
Within the framework of the declared values of the APF GROUP (transparency), we publish an overview of the payments made for the purchase of agricultural land owned by the Group. Since 1 January 2024 we have paid purchase prices in the total amount of 30.2 million CZK. CZK (overview of movements searched).

Investments in agricultural land within selected locations in Central and Southern Moravia are the main pillar of investments within the APF GROUP. The land will subsequently be used for the implementation of agricultural projects through the APF GROUP CR SICAV a.s. fund in cooperation with individual tenants.

Thank you for your cooperation and trust so far.

News 19.02.2024

Video presentation of agricultural land owned by APF GROUP

Dear Clients,

in the Land offer you will find another video presentation of a set of agricultural land owned by APF GROUP.

Thank you for your cooperation and trust.

News 13.02.2024

Publication of preliminary results for 2023

Dear Clients,

We would like to inform you about the publication of the preliminary results of APF VENTURE CAPITAL CR s.r.o. as of 31.12.2023.

Basic information can be found at: https://apfgroupcr.com/en/vysledky-hospodareni/

The pre-tax result for 2023 is CZK 88,561 thousand. Operating profit (EBITDA) was reported in the amount of CZK 68,690 thousand. The total net asset value is CZK 1,163,911 thousand.

The tax return for the company will be filed on 30 June 2024.

Thank you for your cooperation and trust so far.

News 08.02.2024

Reduction of the basic reference rate

Dear Clients,

In connection with the reduction of the CNB base rates, we hereby announce a reduction of the basic reference rate for real products to 5.25%.

Thank you for your trust and cooperation.

News 05.02.2024

Bond issue APFREG VAR/27

Dear Clients,

APF REAL ESTATE GROUP CR s.r.o. has prepared for clients who do not want to invest directly in agricultural land an issue of bonds with a maturity of 36 months and a floating yield of 3M PRIBOR + 6% p.a. (the yield will not fall below 6% p.a. and will not exceed 12% p.a.). The total value of the issue is CZK 24 000 000. The nominal value of the bond is CZK 3,000,000. The issue period for subscription of the bonds starts on 5 February 2024 and ends on 5 February 2025 with the possibility of extension.

More information can be found here.

Thank you for your trust and cooperation.

News 02.02.2024

Market prices for agricultural land in 2023

Dear Clients,
We bring you information on the development of market prices of agricultural land for 2023. Based on the Land Market Report for 2023 published by FARMY.CZ s.r.o., the market prices for 2023 have increased by 2.9% compared to 2022 in the whole Czech Republic. After 2 years of double-digit growth, there has been a cooling on the overall demand side, which is to be expected given the previous periods (the difference is in the length of the period, which depends on macroeconomic conditions).

With this, APF VENTURE CAPITAL CR s.r.o. (APF GROUP) comments on the changes in market prices for 2023. With regard to the locations in which our company actively trades and buys (main production agricultural areas), we provide information on the changes in market prices in each district:

 

Region / Change % Tržní cena na konci roku 2022 / a na konci roku 2023
Prostějov 19,40 % 67,- CZK/m2 80,- CZK/m2
Přerov 18,18 % 55,- CZK/m2 65,- CZK/m2
Vyškov 18,18 % 55,- CZK/m2 65,- CZK/m2
Kroměříž 25,00 % 52,- CZK/m2 65,- CZK/m2
Brno-venkov 16,66 % 60,- CZK/m2 70,- CZK/m2
Břeclav 15,38 % 52,- CZK/m2 60,- CZK/m2
Znojmo 21,42 % 70,- CZK/m2 85,- CZK/m2
Hodonín 20,00 % 50,- CZK/m2 60,- CZK/m2
Uherské Hradiště 20,00 % 50,- CZK/m2 60,- CZK/m2

These are the average market prices in the localities in question for predominantly arable land with a BPEJ above CZK 10,-/m2 (Decree No.227/2018 Coll. issued by the Ministry of Agriculture), in climate zones 0,1,2,3 and selected land in zones 4 and 6, with a maximum medium slope. All plots are proffered under market conditions.

The market prices are derived from actual transactions during 2023 and reflect the real evolution of market prices in the locations mentioned. In 2023, APF GROUP completed a total of 471 transactions with a total value of CZK 389,559,884.00 and purchased land with a total value of CZK 217,675,643.00 (384.7 ha). These values still show a significant difference in market prices compared to the average market prices for all types of agricultural land and for the whole country.

In terms of further development of market prices, APF GROUP expects a cooling of demand for agricultural land throughout the Czech Republic in connection with the decline in interest rates and inflation rates. However, we also expect a gradual increase in the interest of non-agricultural investors in investing in agricultural land as a suitable way of protecting their money from inflation depreciation, precisely in connection with the decline in interest rates. There will continue to be highly selective demand for specific locations and land with above-average BPEJ. The pace of market price growth will be influenced primarily by further inflation and falling interest rates. The upward pressure on prices on the supply side will cause a decline in demand, which will result in a decline in the overall value of completed transactions. This offers us the opportunity to negotiate more favourable purchase prices for land owned by APF GROUP. Paradoxically, this may result in better appreciation in the annual revaluation of the market value of land than at a time when increased demand is pushing prices up and sellers are unwilling to negotiate prices.

We thank you for your continued goodwill and cooperation to date.

News 02.02.2024

Regular monthly results of client trades

Dear Clients,
we bring you the regular monthly results of client trades. In the month of January, we executed 60 deals with a total value of CZK 54,125,382 with a total area of 895,248 m2 (89.5 ha).

Thank you for your trust and cooperation so far.

News 23.01.2024

Extension of the issue period of the APFAF 10.0/25 bond

Dear Clients,

In accordance with the current Issue Terms and Conditions of APFAF 10.0/25 bonds, we hereby extend the issue period for subscription of the bonds until 31.12.2024.

Thank you for your trust and cooperation.

News 12.01.2024

Launch of the fund APF GROUP CR SICAV a.s.

Dear Clients,

We would like to inform you that as of 15 January 2024, in cooperation with DELTA investiční společnost a.s., we will start subscription of investment shares of the fund APF GROUP CR SICAV a.s. More information on the fund can be found on this page.

The funds will be used for investments based on the financing of agricultural entrepreneurs, for equity interests in agricultural entrepreneurs and for the purchase of agricultural land within the Czech Republic. The strategy for purchasing agricultural land owned by the Fund will be identical to and mutually supportive of APF VENTURE CAPITAL CR Ltd.

APF VENTURE CAPITAL CR s.r.o. will continue to provide real estate services for clients, real investments in the form of direct ownership of agricultural land (client portfolios) and secured participation in the purchase of agricultural land.

For the sake of transparency, here are examples of APF GROUP’s investments in the agricultural sector that will be implemented by the fund and for which the implementation process has already started.

1) Reducing the credit indebtedness of the agricultural company through the direct purchase of agricultural land subject to a mortgage in favour of the financing bank. The purchased land is then leased back to the agricultural company with a long-term notice period (e.g. 10 years).The agricultural company continues to farm the land in question and pays the agreed rent. The income of the Fund in this case is generated on the basis of the rental income and the regular annual revaluation of the market value of the purchased agricultural land.As part of the extension of the cooperation with the agricultural company, the provision of long-term financing for the business is envisaged. In this case, the income of the fund will be extended by the interest received on the financing provided.

2) Capital injection into an operating agricultural company and provision of financing for its business activities (investment, operation). The income of the Fund in this case is the share of the profits of the agricultural company and the interest income from the financing provided.

3) Establishment of an agricultural company (or capital entry) with a tenant farming on agricultural land owned by the Fund. The Fund acquires the business interest, leases the agricultural land owned by the Fund and provides financing for the agricultural company. In this case, the income of the fund is a share of the profits of the agricultural company, the rental income, interest income and the periodic revaluation of the market value of the agricultural land owned by the fund.

We will keep you informed of the specific business cases implemented.

Thank you for your trust and cooperation so far.

News 12.01.2024

Agricultural land owned by APF GROUP

Dear Clients,

We hereby disclose the total book value of agricultural land owned by APF GROUP, which was reported as of 31.12.2023 in the amount of CZK 217,675,643 with a total area of 3,847,109 m2 (384.7 ha).

Thank you for your trust and cooperation.

News 08.01.2024

Structure of the company’s client portfolios APF VENTURE CAPITAL CR s.r.o.

Dear Clients,

The total value of client portfolios as of 31.12.2023 was CZK 717,991,041. Compared to the balance as of 30.9.2023, the total value increased by CZK 105,950,060 (17.31%). The year-on-year increase in total value was CZK 322,488,756, which is 81.54%!

For more information on the structure of client portfolios, please see the Financial results page.

The total current value of agricultural land under management (own purchased land and client portfolios) exceeded CZK 900 million. CZK.

Thank you for your trust and cooperation.

News 05.01.2024

Update of the APF GROUP revenue structure

Dear Clients,

In the Financial results menu you will find an updated overview of the APF GROUP’s revenue structure valid from 1 January 2024.

The individual types of income are used to cover the financial costs associated with the acquisition of investments (mainly agricultural land) in the assets of the APF GROUP and to finance the operations of individual companies.

Thank you for your support and cooperation so far.

News 02.01.2024

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of December, we executed 28 deals with a total value of CZK 29,284,133 (USD 1.302.815) with a total area of 480,799 m2 (48.1 ha). For the year 2023, we executed a total of 471 deals with a total value of 389,559,844 CZK (USD 17.331.046). The total number of stores increased by 101 stores compared to 2022 (a year-on-year increase of 27.3%) and the total value of stores increased by CZK 187,769,598 (USD 8.353.642), a year-on-year increase of 93.1%!

Thank you for your trust and cooperation so far.

News 02.01.2024

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

In the Land offer you will find the current list of title deeds with land owned by APF GROUP as of 31.12.2023. The list includes land for which the registration of the ownership right in the National Court Register has taken place. Ongoing transfers of ownership right are not taken into account.

Thank you for your cooperation and support so far.

News 31.12.2023

Overview of purchase price payments for agricultural land

Dear Clients,

Within the framework of the declared values of the APF GROUP (transparency), we publish an overview of the payments made for the purchase of agricultural land owned by the Group. In the months of November and December we paid purchase prices in the total amount of 61.4 million EUR. (overview of the searched movements).

We would like to thank you for your cooperation and trust so far.

News 20.12.2023

Statute of the fund APF GROUP CR SICAV a.s.

Dear Clients,

We hereby publish the full text of statute of the fund APF GROUP CR SICAV a.s.

We will keep you informed about other facts related to the launch of the fund.

Thank you for your support and trust so far.

News 19.12.2023

PF 2024

News 14.12.2023

Rating of APF VENTURE CAPITAL CR s.r.o.

Dear Clients,

APF REAL ESTATE GROUP CR s.r.o. has commissioned an independent analysis of the determination of the usual amount of the guarantor fee for the obligations of APF VENTURE CAPITAL CR s.r.o. (joint and several liability of APF GROUP companies). The analysis was prepared by UNCHAINED Analytics s.r.o.

Based on this analysis, the rating of APF VENTURE CAPITAL CR s.r.o. as a debtor was determined.

The result of the rating is hereby published.

Thank you for your trust and cooperation so far.

News 08.12.2023

Registration of the Qualified Investor Fund in the Commercial Register

Dear Clients,

We would like to inform you that the company APF GROUP CR SICAV a.s. was registered in the Commercial Register as of 7.12.2023.

As previously disclosed, the launch of the CIF is planned for January 2024.

Thank you for your cooperation and trust.

News 01.12.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of November, we executed 39 deals with a total value of CZK 30,038,967 with a total area of 522,530 m2 (52.3 ha). Since January 2023, we have executed a total of 443 deals with a total value of CZK 360,275,711.

Thank you for your trust and cooperation so far.

News 30.11.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

In the Land offer you will find the current list of title deeds with land owned by APF GROUP as of 30.11.2023. The list includes land for which the registration of the ownership right in the National Court Register has taken place. Ongoing transfers of ownership right are not taken into account.

Thank you for your cooperation and support so far.

News 24.11.2023

Inclusion of the Qualified Investor Fund in the CNB’s list of regulated entities

Dear Clients,

We would like to inform you that APF GROUP CR SICAV a.s. has been included in the list of regulated entities of the CNB as of 23.11.2023.

The next step in cooperation with DELTA Investment Company, a.s. is the registration of the CIF in the Commercial Register.

As previously disclosed, the launch of the CIF is planned for January 2024.

Thank you for your support and trust so far.

News 01.11.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of October, we executed 30 deals with a total value of CZK 33,642,077 with a total area of 349,063 m2 (34.9 ha). Since January 2023, we have executed a total of 404 deals with a total value of CZK 330,336,744.

Thank you for your trust and cooperation so far.

News 01.11.2023

Information on purchases and land owned by APF GROUP

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 207 purchase contracts with a total value of CZK 198,681,940.

At the same time, we are publishing an overview of the title deeds with land owned by APF GROUP as of 31.10.2023. The overview includes land for which the title has been registered in the Land Register. Ongoing transfers of ownership are not taken into account.

News 23.10.2023

Change of company name

Dear Clients,

The name change of the company Agrarian Land Fund Ltd. has been made.

The new name of the company is APF VENTURE CAPITAL CR s.r.o.

Other facts remain unchanged.

The change of the company’s name was made in connection with the upcoming legislative changes to the Investment Companies and Investment Funds Act and thus reflects the requirements of the upcoming amendment to the ISIF Act.

Thank you for your cooperation and trust.

News 17.10.2023

Discount coupons in e-shop SOBŮLSKÝ GRUNT s.r.o.

Dear Clients,

We would like to inform you that within the framework of cooperation with SOBŮLSKÝ GRUNT s.r.o. we have prepared for all clients of APF GROUP the possibility of purchasing an assortment of aged beef with a discount of up to 20%.

If you are interested in purchasing, please contact us by sending the discount coupon code to zhrabalova@apfgroupcr.com. Enter the discount coupon code when you place your order at www.sobulskygrunt.cz/eshop.

We wish you a relaxed shopping experience and a good appetite.

Thank you for your goodwill and cooperation.

News 17.10.2023

Support for Czech agricultural entrepreneurs

Dear Clients,

In connection with the establishment of the Qualified Investors Fund (QIF) and the launch of its activities in January 2024, we would like to inform you about the upcoming projects to support Czech agricultural entrepreneurs through this fund.

The basic investment strategy of the CIF has been described in general terms earlier.

We hereby specify the individual projects:

1) financial support for Czech agricultural entrepreneurs (private farmers and agricultural companies engaged in agricultural primary production – crop and livestock production) at the level of operations and investments

2) financing and support of agricultural start-ups (limited time equity participation)

3) cooperation in the issuance of corporate bonds and their distribution and purchase

4) Long-term land lease of land owned by the APF GROUP

5) support in the purchase, sale and exchange of agricultural land (land consolidation)

The emphasis in the implementation of projects will be on sustainable agriculture, landscape protection and ecological aspects of agriculture.

We will keep you informed about the next steps.

Thank you for your cooperation and trust so far.

News 10.10.2023

Structure of client portfolios of Agrární půdní fond s.r.o.

Dear Clients,

The total value of client portfolios as of 30.9.2023 was CZK 612,040,981. Compared to 30.6.2023, the total value increased by CZK 66,206,454 (12.12%).

More information on the structure of client portfolios can be found at www.agrarnipudnifond.cz/vysledky-hospodareni/.

The total current value of agricultural land under management (own purchased land and client portfolios) exceeded CZK 750 million.

Thank you for your trust and cooperation.

News 05.10.2023

Change of company name

Dear Clients,

We have previously informed you that Agrární půdní fond s.r.o. will significantly limit the activities of the alternative fund within the meaning of Section 15(1) of the Investment Companies and Investment Funds Act.

In connection with the upcoming legislative changes to the Investment Companies and Investment Funds Act, a change to the company’s name will be made by the end of 2023 to reflect the requirements of the upcoming amendment to the ISIF Act.

The new name of the company will be APF VENTURE CAPITAL CR s.r.o. Other facts remain unchanged.

We also announce that we have terminated the alternative fund activities of APF AGRICULTURAL LAND CR s.r.o. and APF ALTERNATIVE FUND CR s.r.o.

These changes are a logical consequence of the establishment of a separate Qualified Investor Fund of APF GROUP SICAV CR a.s.

We will keep you informed about the implementation of the changes.

We thank you for your support and cooperation so far.

News 05.10.2023

Information on setting up a Qualified Investor Fund (FKI)

Dear Clients,

We would like to inform you about the parameters of the established Qualified Investor Fund (FKI).

1) Company name: APF GROUP SICAV CR a.s.

2) The company is a qualified investor investment fund within the meaning of Section 9 and Section 95(1)(a) of Act No. 240/2013 Coll., on Investment Companies and Investment Funds (hereinafter referred to as “IFKI”), i.e. it is an investment fund with a legal personality, whose sole member of the Board of Directors is a legal person authorised to manage this investment fund (hereinafter referred to as “manager” or “sole member of the Board of Directors”). The sole member of the Board of Directors is also authorised to perform the administration of the investment fund.

3) The Company’s business is the activity of a qualified investor investment fund pursuant to Section 95(1)(a) of the ISIF Act.

4) Founder – APF REAL ESTATE GROUP CR s.r.o., ID No.: 09024724 with registered office at Pražákova 1008/69, 639 00 Brno.

5) The founders appoint the first member of the Board of Directors:
– DELTA Investiční společnost, a.s., company registration number 032 32 051, with registered office at Sokolovská 675/9, Karlín, 186 00 Prague 8, registered in the Commercial Register maintained by the Municipal Court in Prague, Section B, Insert 19885.

6) The Company as such may issue the following types of investment shares:
(a) investment shares referred to as “VIA Performance Investment Shares”, with the right to a share in the profit and the right to a share in the liquidation balance according to the ratio determined by the calculation speFKIied in the Articles of Association for VIA Performance Investment Shares, and with the right to redeem at the current value of the VIA Performance Investment Share. Voting rights are attached to such VIA Performance Investment Shares only where these Articles of Association or the applicable law, as the case may be, grant voting rights to the Investment Shares;
(b) an investment share referred to as a “PIA Preferred Investment Share”, which carries with it the right to share in the profits and the right to share in the liquidation balance in accordance with the ratio determined by the calculation set out in the Articles of Association for PIA Preferred Investment Shares, and the right to redeem at the current value of the PIA Preferred Investment Share. Voting rights are attached to such PIA Preferred Investment Shares only if these Bylaws or applicable law, as applicable, grant voting rights to the Investment Shares.

7) The basic investment strategy of the FKI is to invest in the following assets:

– agricultural land, in particular credit-worthy arable land and other agricultural land resulting from the Agricultural Land Fund Protection Act;
– agricultural real estate related to agricultural activities (crop and livestock production);
– participations in legal persons holding agricultural land or agricultural real estate;
– participations in legal persons whose predominant activity is crop and livestock production, hunting and related activities (CZ-NACE 01);
– receivables in respect of loans or borrowings from legal persons owning agricultural land and agricultural real estate;
– bonds issued by legal persons owning agricultural land and agricultural real estate;
– property rights in agricultural land and agricultural real estate.

8) Yield mechanism: guaranteed at 6 % p.a., then 80 % performance fee above the 6 % yield

When the FKI is launched, APF GROUP clients will be offered the option of switching to a regulated investment fund. We will inform you about the conditions.

Thank you for your trust and cooperation so far.

News 02.10.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of September, we executed 70 deals with a total value of CZK 56,978,338 with a total area of 1,020,567 m2 (102.1 ha). Since January 2023, we have executed a total of 374 deals with a total value of CZK 296,694,667.

Thank you for your trust and cooperation so far.

News 02.10.2023

Revenue structure of Agrární půdní fond s.r.o. as of 30.9.2023

Dear Clients,

We hereby publish the preliminary revenues of Agrární půdní fond s.r.o. as of 30.9.2023 in accordance with the revenue structure of APF GROUP:

1) commissions, administrative fees and charges – CZK 52,562,905

2) fees for concluding option contracts – CZK 5,021,592

3) interest income from purchased bonds – CZK 701,557

4) other financial income (re-invoicing of financial expenses) – CZK 31,247,241

5) proceeds from sale of assets (assets taken over) – CZK 383,527,661

Income from the settlement of receivables from 2022 amounted to CZK 15,300,000.

Thank you for your cooperation and goodwill.

News 02.10.2023

Overview of purchase price payments for agricultural land

Dear Clients,

Within the framework of the declared values of the APF GROUP (transparency), we publish an overview of the payments made for the purchase of agricultural land owned by the Group. In the month of September, we paid purchase prices in the total amount of 35.1 million CZK. (overview of the searched movements).

At the same time, we publish an overview of the title deeds with land owned by the APF GROUP as of 30 September 2023. The overview includes land for which the title has been registered in the Land Register. Ongoing transfers of title are not taken into account.

Thank you for your cooperation and trust.

Files: APF, APF Agricultural land, APF Alternative fund, APF Real Estate Group

 

News 02.10.2023

Cooperation with SOBŮLSKÝ GRUNT s.r.o.

Dear Clients,

We have previously informed you about the start of cooperation with SOBŮLSKÝ GRUNT s.r.o. This company has started online sales of aged beef.

The e-shop and more information can be found at www.sobulskygrunt.cz/eshop.

As part of this cooperation, we have agreed to provide a permanent discount on purchases for clients of APF GROUP. We will provide you with detailed information during October.

If you have any questions, we are at your disposal.

Thank you for your trust and your goodwill so far.

News 02.10.2023

Service Restrictions – Alternative Fund

Dear Clients,

Agrární půdní fond s.r.o. has been registered in the list of persons performing asset management comparable to asset management within the meaning of Section 15(1) of the Investment Companies and Investment Funds Act, maintained by the CNB in accordance with Section 596(e) of the ISIF Act. The activity of the alternative fund was launched on 1 January 2023.

In connection with the establishment of a separate Qualified Investor Fund (QIF) and the commencement of its operations from 1 January 2024, there will be a significant reduction in the provision of services related to the Alternative Fund. The CIF is a logical consequence of the transformation of the alternative fund into a regulated entity of the CNB with appropriate registration. All clients will be offered the option of transferring to the CIF under pre-agreed conditions.

Agrarian Land Fund Ltd. will remain a real estate intermediary and will continue to offer real investments in agricultural land that fall under real estate intermediation. The company will continue to invest in agricultural land and will actively cooperate with the CIF.

By the end of 2023, we will inform you about the concrete steps and possibilities of the transition under FKI.

Thank you for your trust and cooperation so far.

News 28.09.2023

Modification of the General Terms and Conditions for selected real products from 1.10.2023

Dear Clients,

In accordance with the change of the risk premium for selected APF GROUP real products, we hereby publish an overview of the new terms and conditions of the existing products:

Minimum Secured Yield (MZV) according to the GTC:

1) IZPKI product: basic reference rate + 2% p.a. (currently 8% p.a.)

2) DIZP product: basic reference rate + 6% p.a. (currently 12% p.a.)

3) IP product: basic reference rate + 8 % p.a. (currently 14 % p.a.)

4) PDIZP product: basic reference rate + 7 % p.a. (currently 13 % p.a.)

5) IPI product: basic reference rate + 4 % p.a. (currently 10 % p.a.)

The updated General Terms and Conditions are published in the Products menu.

The new terms and conditions reflect current real macroeconomic developments and monetary conditions in the Czech Republic.

If you have any questions, please do not hesitate to contact us.

Thank you for your trust and cooperation so far.

News 24.09.2023

Establishment of a Qualified Investor Fund (FKI)

Dear Clients,

As we informed you earlier, APF GROUP has started the process of establishing a qualified investor fund (FKI, Fondu Kvalifikovaných Investorů). The qualified investor fund (FKI) is registered in the list maintained by the Czech National Bank according to Act No. 240/2013 Coll., on Investment Companies and Investment Funds (ZISIF). The FKI is an investment instrument intended for qualified investors (from CZK 1 million).

The basic investment strategy of the FKI is to invest in the following assets:

• agricultural land, in particular credit-worthy arable land and other agricultural land resulting from the Agricultural Land Fund Protection Act;
• agricultural real estate related to agricultural activities (crop and livestock production);
• participations in legal persons holding agricultural land or agricultural real estate;
• participations in legal persons whose predominant activity is crop and livestock production, hunting and related activities (CZ-NACE 01);
• receivables in respect of loans or borrowings from legal persons owning agricultural land and agricultural real estate;
• bonds issued by legal persons owning agricultural land and agricultural real estate;
• property rights in agricultural land and agricultural real estate.

The anticipated date for the start of the FKI’s activities is set for 1 January 2024.

By the end of this year, we will inform you about other facts related to the launch of the FKI.

The establishment of the FKI is in line with the long-term strategy of APF GROUP, which aims to support agricultural entrepreneurs and secure the ownership of agricultural land by a domestic owner.

Thank you for your support.

News 24.09.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1st January 2023, we have concluded 179 purchase contracts with a total value of CZK 169,130,171.

Thank you for your trust and cooperation so far.

News 24.09.2023

Cancellation of the real product Investment agricultural land

Dear Clients,
With effect from 25.9.2023 we are discontinuing the real investment product Investment Agricultural Land. The product Investment Agricultural Land – Conservative Investment remains in force.

Thank you for your cooperation and trust.

News 21.09.2023

The APFAGRI 12.0/25 bond issue was sold out

Dear Clients,

We would like to inform you that the APFAGRI 12.0/25 bond issue has been sold out.

We are not planning any further bond issues within the APF GROUP. The current priority is the establishment of a Qualified Investor Fund (QIF), the process of which is already underway.

Thank you for your cooperation and trust.

News 12.09.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 157 purchase contracts with a total value of CZK 147,436,941.

Thank you for your trust and cooperation so far.

News 11.09.2023

Overview of revenue payments from real products of the APF GROUP

Dear Clients,

Within the framework of the already declared values of the APF GROUP (transparency), we would like to publish an overview of the advance payments of purchase prices made on the basis of concluded contracts on future purchase contracts in the amount of the minimum secured yield (MZV) of the real products of the APF GROUP. Since January 2023, we have made advance payments totalling CZK 12,451,780. A detailed overview of the individual payments can be found at: (overview of searched movements). The structure of the client portfolios can be found on the Results of Operations page.

Thank you for your cooperation and trust.

News 08.09.2023

Reduction of the risk premium for selected real products

Dear Clients,

In accordance with the announced change in the amount of the risk premium for selected real products of APF GROUP, we hereby inform you of the new conditions valid from 1.10.2023.

Minimum Secured Return (MFR) according to the GTC:

1) IZP product: basic reference rate + 4% p.a. (currently 10% p.a.)

2) DIZP product: basic reference rate + 6% p.a. (currently 12% p.a.)

3) IP product: basic reference rate + 8 % p.a. (currently 14 % p.a.)

4) PDIZP product: basic reference rate + 7 % p.a. (currently 13 % p.a.)

The conditions for the other real products remain unchanged. The general terms and conditions of selected products will be updated on 1 October 2023.

If you have any questions, please do not hesitate to contact us.

Thank you for your trust and cooperation so far.

News 08.09.2023

Modification of the General Terms and Conditions for selected real products from 1.10.2023

Dear Clients,

We would like to inform you that as of 1 October 2023 we are preparing a modification of the General Terms and Conditions for selected real products (IZP, DIZP, IP and PDIZP). The modification will consist in adjusting the amount of the secured yield, which is part of the future purchase price specified in the future purchase contract. The risk premium for these real products will be reduced. We will inform you of the amount of the reduction during the month of September. The total amount of the secured return will be determined on the date of signing the General Terms and Conditions and will be valid for the entire duration of the investment. The new terms and conditions reflect the current real macroeconomic developments and monetary conditions in the Czech Republic.

If you have any questions, please do not hesitate to contact us.

Thank you for your goodwill and cooperation so far.

News 01.09.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of June, we executed 51 deals with a total value of CZK 75,528,378 with a total area of 1,365,699 m2 (136,6 ha). Since January 2023, we have executed a total of 304 dealswith a total value of CZK 239,716,329.

At the same time, we would like to inform you that the total historical value of land sold through our Portfolio Manager exceeded CZK 1,0 billion (109).

Thank you for your trust and cooperation so far.

News 25.08.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1. January 2023, we have concluded 137 purchase contracts with a total value of CZK 125,321,089.

Thank you for your trust and cooperation so far.

News 04.08.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1. January 2023, we have concluded 122 purchase contracts with a total value of CZK 115,313,114.

Thank you for your trust and cooperation so far.

News 01.08.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of July, we realized 32 deals with a total value of CZK 19,201,036 with a total area of 309,530 m2 (30.9 ha). Since January 2023, we have completed a total of 253 deals with a total value of CZK 164,187,951.

Thank you for your trust and cooperation so far.

News 29.07.2023

Presentation of a set of agricultural land owned by the APF GROUP

Dear Clients,

In the interest of transparency, we would like to present to you one of the many sets of agricultural land owned by APF GROUP.

This is a set of 7 agricultural plots registered as arable land and other area with a total area of 77.814 m² (7.8 ha) in the cadastral area of Smržice, Prostějov district (ethnographic area Haná). The land is registered on the property sheet No 921. These are separate land blocks within larger land parcels. Access to the land is provided by a municipal paved and unpaved road. BPEJ 30100, 30501, 30810 (land rating). Most of the land is classified in protection class I. The prevailing basic price according to the decree is 19.13 CZK/m2 (maximum 20 CZK/m2). The point yield of the land is 96 (these are highly productive plots). The land is subject to a lease agreement with a local agricultural cooperative.

Thank you for your support and cooperation so far.

Play video

News 25.07.2023

Structure of client portfolios of Agrární půdní fond s.r.o.

Dear Clients,

The total value of client portfolios as of 30 June 2023 was CZK 545,834,527. Compared to 31.3.2023, the total value increased by CZK 92,098,917 (20.30%).

More information on the structure of client portfolios can be found at  www.agrarnipudnifond.cz/en/vysledky-hospodareni/.

The total current value of agricultural land under management (own purchased land and client portfolios) exceeded CZK 650 million.

Thank you for your trust and cooperation.

News 04.07.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 115 purchase contracts with a total value of CZK 111,120,969.

Thank you for your trust and cooperation so far.

News 04.07.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of June, we executed 32 deals with a total value of CZK 16,183,863 with a total area of 288,639 m2 (28.9 ha). Since January 2023, we have executed a total of 221 deals with a total value of CZK 144,986,915.

Thank you for your trust and cooperation so far.

News 01.07.2023

Publication of the final results for 2022

Dear Clients,

We would like to inform you about the publication of the final results of Agrární půdní fond s.r.o. as of 31 December 2022.

Basic information can be found at: https://apfgroupcr.com/en/vysledky-hospodareni/

The pre-tax result for 2022 is CZK 147,070 thousand. Operating profit (EBITDA) was reported in the amount of CZK 152,983 thousand. The total net asset value is CZK 446,667 thousand.

The tax return for the company will be filed as of 30 June 2023. We will publish the auditor’s report immediately after the completion of the audit.

Thank you for your cooperation and trust so far.

News 22.06.2023

Information about purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 99 purchase contracts with a total value of CZK 101,537,731.

Thank you for your trust and cooperation so far.

News 12.06.2023

Commencement of the process of land consolidation owned by the APF GROUP

Dear Clients,

In accordance with the long-term investment strategy of APF GROUP, we are starting the process of land consolidation in selected locations.

These are individual cadastral areas in the districts of Znojmo, Břeclav, Hodonín, Uherské Hradiště, Brno-venkov, Vyškov, Kroměříž, Prostějov, Přerov and Olomouc. We are preparing an investment project in these localities within the framework of agricultural primary production, which will be implemented through a fund of qualified investors in cooperation with tenants in the individual regions.

We will keep you informed about the development of the project.

Thank you for your cooperation and trust so far.

News 06.06.2023

Information about purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 95 purchase contracts with a total value of CZK 97,179,378.

Thank you for your trust and cooperation so far.

News 03.06.2023

New product Investment agricultural land – conservative investment

Dear Clients,

Based on the investment strategy of APF GROUP and in accordance with the clients’ requirements, we are introducing a new product for conservative clients.

It is a real investment product Investment Agricultural Land – Conservative Investment (IZPKI), the terms and conditions of which can be found in the offer Products. We believe that this will meet the strict requirements of conservative clients, including adequate security for the investment (real ownership land).

If you have any questions, please do not hesitate to contact us.

Thank you for your cooperation and trust.

News 02.06.2023

Information on completed transactions of the APF GROUP for the year 2022

Dear Clients,

We have previously informed you about the realized transactions with agricultural land for the year 2022 of the owner of APF GROUP as a natural person. Now we are also presenting the results of the completed transactions of the APF GROUP itself for the year 2022.

During the year 2022, land with a total value of CZK 9,662,410 was sold with a gross profit of CZK 3,008,054 (45.20% of the purchase price). The funds obtained from the sale of land were used for further purchase of land into the property of APF GROUP and repayment of the credit framework with a banking institution.

Thank you for your cooperation and trust.

News 01.06.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of May, we executed 25 deals with a total value of CZK 20,953,593 with a total area of 379,957 m2 (38.0 ha). Since January 2023, we have executed a total of 189 trades with a total value of CZK 128,803,052.

Thank you for your trust and cooperation so far.

News 31.05.2023

Examples of completed deals in 2019

Dear Clients,

This is in response to frequent inquiries about the resulting gross margins on agricultural land trades executed to cover client returns in real investments or cash management.

We are often asked how it is possible to offer an investment appreciation of 12% p.a. or higher and keep the entire investment model profitable over the long term.

To get a basic idea of what active agricultural land trading can look like, we illustrate examples of our Portfolio Manager’s executed trades in 2019. This gives clients a closer look into the “business kitchen” of the company.

We deliberately chose 2019 because of the stagnation of demand and balanced supply, which were reflected in a year-on-year increase in market prices of land across the country of “only” 1.3% (farmy.cz). From the examples of the transactions documented, it is clear that it is possible to achieve a much higher appreciation (gross profitability) than the average annual increase in market prices through proper land selection (parameterisation), detailed knowledge of demand and market prices.

The long-term results are confirmed by the large number of completed transactions, which alone determine the real market price and thus the resulting gross profit. We adapt our trading strategy to the macroeconomic and monetary conditions of the period. However, in the long term, we maintain a gross profitability of 20-30% p.a. and adjust our land selection and entry prices for purchases accordingly. We have already published the gross profitability levels for land sold within APF GROUP for 2021 (29.24%, note gross profitability is calculated on the purchase price of the land). We are currently compiling the results for 2022, which we will inform you about.

There are many would-be “experts” in the market for agricultural land trading and guaranteed “market price experts” or various types of analysts. If someone works in the real estate business, it does not mean that he is an expert in trading agricultural land, unless he specializes in it for a long time and does a high number of real transactions. Often, farmers themselves are not experts in land trading as they only buy land in their action radius and directly from tenants who have no idea what the real market price of the land they are selling to them in this way is. The confrontation with the real market price is then very uncomfortable for them.

So if you are looking for an expert, ask how many deals he has completed and with what results. You can judge by that whether you are getting appropriate answers or just “amateur” assumptions and opinions. The APF GROUP honours the principle that every published figure must be substantiated and therefore realistic.

Practically, we are able to provide you with evidence of every transaction carried out within the Group (purchase contract purchase – purchase contract sale). The total number of trades executed by the Portfolio Manager exceeded 1500 and the total amount of CZK 900 million.

Open table (PDF)

If you have any further questions on the subject, we will be happy to answer your questions.

Thank you for your trust and cooperation.

News 31.05.2023

Results of the APF GROUP owner as a person

Dear Clients,

As part of our corporate value Transparency, we hereby publish the results of the APF GROUP owner as a natural person.

The reported results are from the period prior to the establishment of Agrární půdní fond s.r.o. (25 May 2020) and the subsequent transformation of the activities of the physical All tax liabilities from previous years have been paid. Income from the business comes from real estate activities (real estate brokerage and purchase and sale of agricultural land).

Tax base (line 55 of the Personal Income Tax Return):

2018: CZK 495,069

2019: CZK 3,664,524

2020: CZK 2,392,695

2021: CZK 990,145

2022: CZK 2,214,400

The aforementioned after-tax income was used to finance the establishment and development of Agrární půdní fond s.r.o. In 2021 and 2022, the income from business of a natural person were fully transferred to a legal entity. This answers a common question as to where the funding for the development of the company came from and whether the agricultural land business was already profitable before the establishment of Agrarian Land Fund Ltd.

Thank you for your cooperation and trust so far.

News 31.05.2023

Information on completed trades

Dear Clients,

We would like to inform you about the realized transactions with agricultural land of the owner of APF GROUP as a natural person for the year 2022.

During the year 2022, land with a total value of CZK 6,928,200 was sold with a gross profit of CZK 2,025,874 (29.24%). The funds obtained from the sale of land were invested in the assets of APF GROUP.

Thank you for your cooperation and trust.

News 25.05.2023

Utility garden APF Hněvotín

Dear Clients,

We have previously informed you about the launch of the project for the implementation of a utility garden in the village of Hněvotín (Olomouc district). We will publish continuous information via our FB profile.

Project manager Mgr. Jana Mičulková. Contact details can be found on our website and FB profile.

FB profile: https://www.facebook.com/apfzahradahnevotin/

Thank you for your cooperation and trust.

News 24.05.2023

Trust fund APF GROUP TRUST

Dear Clients,

We have previously announced the establishment of the APF GROUP TRUST family trust fund. As of 22 May, APF GROUP TRUST, a private trust fund, was entered into the register of trust funds by the Regional Court in Brno.

Thank you for your cooperation and trust.

News 22.05.2023

Publication of preliminary financial results

Dear Clients,

We would like to inform you about the publication of the preliminary results of Agrární půdní fond s.r.o. as of 31.12.2022.

Basic information can be found at: https://apfgroupcr.com/en/vysledky-hospodareni/

The tax returns of the companies in the APF GROUP will be filed as of 30.6.2023. After the audit of the financial statements, we will publish the auditor’s report and consolidated results of the APF GROUP.

Thank you for your cooperation and trust so far.

News 22.05.2023

Investment strategy of APF GROUP

Dear Clients,

We would like to inform you about the investment strategy of individual companies within the APF GROUP, which have been included in the list of persons performing asset management comparable to asset management within the meaning of Section 15(1) of the Act on Investment Companies and Investment funds maintained by the CNB in accordance with Section 596(e) of the ICIIF Act (alternative fund).

1) Agrární půdní fond s.r.o.

  • time horizon: medium and long term
  • an active approach to the market with the aim of achieving higher appreciation than the market offers
  • growth strategy based on the growth of the value of the investment over time
  • balanced relationship to risk – growth in the value of the investment with a preference for reasonable risk
  • subject of investment – agricultural land, projects within agriculture
  • expected return from 10% p.a.

2) APF ALTERNATIVE FUND CR s.r.o.

  • time horizon: short and medium term
  • passive approach to the market with the aim of achieving the appreciation offered by the market
  • return strategy based on regular income from the investment and maximum liquidity of the investment
  • conservative approach to risk – protecting the value of the investment from depreciation while preferring minimal risk
  • subject of investment – agricultural land, securities of conservative companies
  • expected return up to 10% p.a.

3) APF AGRICULTURAL LAND CR s.r.o.

  • time horizon: short-term
  • active approach to the market with the aim of achieving a higher appreciation than the market offers
  • return strategy based on the income from the investment
  • balanced relationship to risk – growth in the value of the investment with a preference for a reasonable level of risk
  • subject of investment – agricultural land
  • expected return from 12% p.a.

If you have any questions about investment strategies, we are ready to provide answers.

At the same time, we confirm the continuation of the process of establishing a qualified investor fund with registration with the CNB and management by an investment company.

Thank you for your cooperation and trust so far.

News 22.05.2023

Modification of the General Terms and Conditions for real products from 1.6.2023

Dear Clients,

We would like to inform you that as of 1 June 2023, new General Terms and Conditions for real products (IZP, DIZP, PDIZP, IP and IPI) will come into force. The modification of the GTC, as previously mentioned, consists in setting the amount of the minimum secured yield (MZV), which is part of the future purchase price specified in the future purchase contract. Until now, the amount of the MFA has been set as fixed (e.g. 12% p.a.). From 1 June 2023, the amount of the MFA will be set as a floating rate depending on the level of the base reference rate. The basic reference rate corresponds to the discount rate announced by the CNB (currently 6% p.a.). Construction of the total amount of the MFA = basic reference rate + risk premium (e.g. 6% p.a. + 4% p.a.). The total amount of the IRR will be determined on the date of signing the General Terms and Conditions and will be valid for the entire duration of the investment.

The full text of the GTC can be found at: https://apfgroupcr.com/en/produkt/

These terms and conditions will reflect real macroeconomic developments and monetary conditions in the Czech Republic.

We thank you for your past goodwill and trust.

News 19.05.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 90 purchase contracts with a total value of CZK 88,903,175.

Thank you for your trust and cooperation so far.

News 15.05.2023

Joint and several liability of individual companies in the APF GROUP

Dear Clients,

Within the framework of the concluded obligations of individual companies in the APF GROUP (https://apfgroupcr.com/en/skupina-apf/), we apply the principle of joint and several liability for these obligations with immediate effect.

In practice, this principle means for the creditors of each company in the APF GROUP that if a company fails to fulfil its contractual obligation towards the creditor, the creditor is entitled to call upon any other company in the APF GROUP to fulfil the company’s obligation and the company is obliged to fulfil the obligation jointly and severally. This principle is intended to significantly strengthen the position of the creditor (client) in the contractual relationship and thus reduce the risk of possible future delinquency of an individual company. At the same time, the principle of joint and several liability will be incorporated into all binding contracts.

The APF GROUP hereby declares that the principle of joint and several liability of individual companies in the APF GROUP also applies to all previously concluded contractual relationships of individual companies in the APF GROUP.

Thank you for your trust and cooperation so far.

Andrea Mičulková, owner of APF GROUP

News 11.05.2023

Information about purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 82 purchase contracts with a total value of CZK 81,147,008.

Thank you for your trust and cooperation so far.

News 06.05.2023

New project within the APF GROUP

Dear Clients,

We would like to inform you about another of our projects within the APF GROUP.

We have acquired an unmaintained plot of land registered as arable land in the outskirts of the village of Hněvotín with an area of 645 m2 into the ownership of APF GROUP in May 2022. The land is situated between a development of houses and a secondary paved municipal road. A high-pressure gas pipeline runs through the plot, which does not allow to use the land as a building plot. It was fallow land without trees and shrubs, but with high soil fertility (BPEJ). There was no lease agreement for the land.

As an agricultural entrepreneur, we decided to use the land to establish a commercial garden based on natural principles at the lowest possible cost. Our goal is to create a low cost edible and living garden that will be used to grow vegetables, fruits, small berries, medicinal herbs and flowers. At the same time, we aim to attract birds, insects and small animals to the garden by planting shrubs and establishing flowering meadows. All activities will be in line with ecological principles without the use of chemicals and with sustainability for future generations. The project is financed from the retained earnings of the APF GROUP. By implementing this project, we will achieve a significant long-term appreciation of the land owned by the APF GROUP.

We will keep you informed about the development of the project.

Thank you for your cooperation and trust so far.

News 04.05.2023

Cooperation with the company SOBŮLSKÝ GRUNT s.r.o.

Dear Clients,

We would like to inform you that as part of the long-term investment strategy of APF GROUP, we have established cooperation with SOBŮLSKÝ GRUNT s.r.o., based in Sobůlky (Hodonín district). It is a family farm, which deals with extensive breeding of beef cattle. The current breeding represents over 200 heifers, young bulls and calves.

In the first phase of cooperation, we offered the company a long-term lease of agricultural land owned by APF GROUP to expand the area of pastures and meadows in the Hodonín districts and Uherské Hradiště. In the next phase, the terms of which we are discussing, the subject of cooperation will be the possibility of providing long-term financing for further development of the farm (investment, operation).

We will keep you informed about the development of the cooperation.

Thank you for your cooperation and trust.



https://www.facebook.com/sobulskygrunt

News 03.05.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 73 purchase contracts with a total value of CZK 64,731,798.

Thank you for your trust and cooperation so far.

News 03.05.2023

Regular monthly results of client trades

Dear Clients,

we bring you the regular monthly results of client trades. In the month of April, we executed 54 deals with a total value of CZK 43,962,960 with a total area of 730,420 m2 (73.0 ha). Since January 2023, we have executed a total of 164 trades with a total value of CZK 107,849,459.

We would also like to inform you that our Portfolio Manager has historically executed over 1,500 deals with a total value of over CZK 900 million.

Thank you for your trust and cooperation so far.

News 10.04.2023

Information on purchases made

Dear Clients,

we hereby update the information about the purchases of agricultural land owned by APF GROUP companies.

Since 1 January 2023, we have concluded 47 purchase contracts with a total value of CZK 40,082,802.

Thank you for your trust and cooperation so far.