TIAA-CREF

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

Major pension fund invests in farm land

Roger Ferguson, chief executive of TIAA-CREF, says his firm is increasingly acquiring farmland in the US, Eastern Europe, Australia and Brazil as long term investments.