According to a report released today by leading environmental and social justice advocates, the investment management firm TIAA is leading a trend of speculating in land markets, which drives up farmland prices and displaces family farmers.
Expansion has been backed by borrowings which the group pegged at $437.8m as of the end of March, largely from Rutledge Investment Co and from MetLife Agricultural Investments.
Over 100,000 people, including thousands of TIAA holders, have taken action demanding that TIAA respect small farmers as part of a Campaign to Get TIAA Out of Forests and Farmland.
A coalition of environmental, human rights and family farm organizations delivered a letter with over 100,000 signatures to pension fund management company TIAA, expressing concerns over the company’s investments in farmland and palm oil.
Protesters paid a visit to TIAA’s New York headquarters Thursday, urging the firm to stop investing in farmland and companies with ties to palm oil.
Maxagro and PHI Group will consider raising capital for Maxagro to acquire additional farmland by taking Maxagro public in the U.S. and European Stock Markets.
L’Autorité arabe pour l'investissement et le développement agricoles va investir US$1 milliard dans des projets agricoles sur 20.000 ha en Algérie.
Confrontées à la bronca populaire, les autorités tunisiennes ont dû revenir, mi-2016, sur leur projet d'autoriser l'achat de terres agricoles par des groupes étrangers. Mais elles tentent toujours d'attirer les investissements étrangers.
Le rachat d'un des fleurons du vignoble bourguignon en France par l'homme d’affaires américain Stanley Kroenke sème l'émoi parmi les viticulteurs locaux.
Siaya MCAs have now vowed to kick out American investor and Dominion farms CEO Calvin Burgess from Yala swamp, accusing him of belittling the community by peddling falsehoods.
Privately-owned Algerian dairy company Tifralait and American International Agriculture Group (AIAG) will set up a joint venture to develop projects over an area of 25,000 hectares covering cereals, potato, fertilizers, dairy and cattle feed.
Hundreds of farms in Ireland face repossession this year as so-called vulture funds swoop on indebted properties, agri-finance experts have warned.
