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Agri Terra KG: Verified Investor Reviews on Invest Clearly
2.00
Overview
Under the umbrella of Agri Terra KG, based in the Bavarian town of Grasbrunn just outside Munich, a group of companies with more than 40 independent individual companies is organised, which is internationally active in nine different business areas. Investments in agricultural projects in South America represent the investment focus of the family-owned company under the leadership of Managing Director Carsten Pfau (CEO) and Chief Financial Officer Michael Pfau (CFO). Agri Terra advises private and institutional financial investors from more than 25 countries who act as co-investors together with the company.
Address
Year Founded
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Asset Classes
Land
Accepted Investors
Verified Investor
2.00
"Lack of communication means you should stay away "
In 2022, I invested in the orange plantations that AgriTerra was selling. This was a long term agriculture play where I would own the land and they would manage the orchard, with the profits after their expenses and fees being sent to my account. Given the potential for long-term cash flow out of this deal, I would love to write a more optimistic review, however, I can’t. The sponsors have, in my opinion, failed in two significant ways. First of all, after more than 3 years, I am still waiting for the official title of the land to be transferred. They said it would take 6-8 months, and have been blaming a variety of factors for the delay. I can certainly understand that the government is not super efficient, however, this lack of delivery has been made worse by a lack of communication on behalf of the sponsors. The last update on the orchard was well over a year ago – so I have no idea how the plants are doing. Emails that I send are rarely responded to – maybe one every 3-6 months gets a reply – and usually the reply is that the person responding has no information to send and they blame the boot-on-the-ground team for not sharing updates. This is incredibly frustrating. The only recent communication I got is that the German part of the company won’t be handling any potential distributions, that it needs to come from the Paraguay part of the company. But that team is even less responsive – and it isn’t clear at all if or when they will do anything. It is entirely possible that the deal is doing fine and will start distributions within the next year (which would be more or less on schedule). However it is also possible that there is nothing underlying this and I have lost all my money. At the very least, it would be nice to know which is the case. Instead, I get constant silence from them. So I continue to hope. In the meantime, I would strongly suggest looking for other investments where the sponsors at least communicate with their investors.