Global AgInvesting held its 13th annual gathering in the US with a special optional golf tournament at the exclusive Sleepy Hollow Country Club, bringing together ag investors, asset managers and agribusiness executives.
With very low interest rates having taken root across asset classes and investors abiding in their hunt for higher yields, the world’s largest manager of global farmland, Nuveen, says the season may be ripe for a strategic allocation to the $2.3 trillion market for U.S. farm real estate.
Belgian sugar producer Finasucre has agreed to acquire the Winfield Road aggregation – the largest Macadamia portfolio in Australia – from Hancock Agricultural Investment Group for a record-breaking $59.2 million.
Tokyo-based Nippon Life Insurance Company makes its first investment in a farmland investment fund through a US$92.5 million investment in an overseas farmland investment fund managed by Hancock Natural Resources Group
The four farms in the ‘macadamia capital of Australia’ cover 545 ha across four adjoining farms with 109,000 mature trees and were put up for sale in 2013 by one of the largest institutional managers of agricultural real estate in the US, Hancock Farm Company.