TIAA-CREF

Big pension funds plough money into farmland

At an agriculture investment summit in London on Wednesday, leading U.S. and European pensions funds said few assets remained immune from whipsawing markets, prompting institutions to look at farmland.

PrimeAg lands $37m farm sale

The agricultural arm of the $US487 billion Teachers Insurance and Annuity Association has snapped up six farming properties from listed company PrimeAg Australia in a deal worth $36.7 million.

Is your retirement fund a land-grabber?

The Financial Times reported this week that TIAA-CREF is developing a new “investment vehicle” that will bet the retirement funds of millions of American on the rising price of farmland around the world.

TIAA-CREF forms global farmland investing company

Financial services group TIAA-CREF said it is partnering with Canadian and European money managers to form a $2 billion global farmland investing company to capitalize on the growing demand for grains and other agricultural products.

Latin America: The fat of the land

Fertile soil and good water supply – but lagging development – present a compelling opportunity for agriculture investors, finds Stephanie Schwartz-Driver