TIAA-CREF

Sweden’s SEK227.3bn (€26.7bn) state buffer fund Andra AP-fonden (AP2) has been accused of a lack of transparency and snapping up cheap agricultural land in Brazil by campaign group Swedwatch. AP2 denies the allegations.

A new Swedwatch report shows a lack of transparency and inadequate auditing of ethics and environmental impacts in AP2’s investment in farmland in Brazil. For business reasons, the investment is surrounded by a high level of secrecy, which makes scrutiny from the outside impossible.

In November, an investment unit of the big Swiss bank UBS bought 9,800 acres of Wisconsin farmland for $68 million

Major asset managers, cowed by the cost, the risk and the controversy involved in investing in farmland, are joining forces to increase investment in the historically under-capitalised sector.

As PrimeAg Australia's $125 million sale of rural properties to US fund manager TIAA-CREF goes through, the question now being raised by investors is what will happen to the residual portfolio.

PrimeAg Australia has agreed to sell 60 per cent of its land and water portfolio to US financial services organisation TIAA-CREF for up to $126 million.

L’UPA insiste sur la nécessité du gouvernement de « bouger dans le dossier » de l’accaparement des terres par les spéculateurs. « Sinon, les terres agricoles vont devenir la propriété de ces fonds-là », ce qui tirera vers le haut le prix des produits agricoles et alimentaires

Retirement fund and financial services firm TIAA-CREF is helping to meet the growing institutional demand for sustainably managed farmland, which can deliver stable returns above inflation.

A Swedish pension fund has become the latest of a series of purchasers of Australian farmland, a buying spree which has fuelled public concerns, and raised discussion over curbs on foreign ownership.

TIAA-CREF's Westchester group buys 17,200 ha Cobran Station, once Australia's largest rice farm, while Sweden's Forsta AP-fonden buys the 16,000 ha Merri Meric farm near Henty.

A new report by PRI offers some really useful information for investors interested in accessing farmland opportunities, with five case studies of funds making farmland investments.

La série de conférences Global AgInvesting, leader dans son secteur, arrive à Londres pour parler d'investissements responsables dans l'agriculture mondiale