Large institutional investors are pouring capital into global agricultural markets, and Australia has been a key target.
- IPE Real Assets
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06 April 2020
Foreign buyers stepping into the rural property or agribusiness sector will have to negotiate new regulatory hurdles aimed at preventing a rush of opportunistic offshore-based takeovers during the coronavirus emergency.
The TH Group has settled a deal to buy three Top End cattle stations in Australia, covering 732,900 hectares and with 60,000 head of cattle, more than 12 months after a contract was signed.
The ANZ bank has agreed to provide a financial package to Cambodian families forcibly displaced by a sugar company the Australian bank loaned money to in 2011.
Daybreak Cropping, a partnership between Warakirri Asset Management and the Canadian Public Sector Pension Investment Board, paid $97 million for the 22,000 ha broadacre farm.
- The Standard
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21 February 2020
A company backed by one of South Africa’s richest men is setting itself up to be a major player in the Northern Territory’s beef sector after paying $70 million for two major cattle stations, Tanumbirini and Forrest Hill.
PSP Investments has been doubling down on capital commitments in Australia’s ag sector – and particularly in almonds and water recently.
A Canadian pension fund has bought a huge parcel of Australian permanent water rights for $490M to irrigate almond trees, in a move that puts the spotlight on foreign ownership of farms and water resources as drought ravages the country.
Olam a déclaré avoir signé un accord de partage des revenus avec Investissements PSP pour les vergers d'amandiers, les actifs associés et les droits d'utilisation de l'eau en Australie
- Jambon Burst
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03 December 2019
The Chinese exodus from the east coast beef, lamb and cropping sectors is gathering pace, with recent divestments by Rifa Salutary and Union Agriculture surpassing $50 million.
- Commercial Real Estate
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25 November 2019
The acquisition of the Turnbull properties takes spending by TIAA's Nuveen subsidiary on Australia's northern NSW cropping country to almost $50 million in the last 12 months.
Consistent interest from Saudi Arabia in direct investment in foreign agriculture, such as SALIC's recent purchase of 200,000 ha in Western Australia, will continue.
- Future Directions
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06 November 2019