TIAA-CREF

Super farm sell-off predicted

Giant US investment fund TIAA-CREF expects Australia's ageing farmers and a lack of sons and daughters willing to inherit their farms will lead to large numbers of properties hitting the market over the coming decade.

Invasion of the hedge fund almonds

It takes a gallon of water to produce one almond. And that's not the most insane fact about the mad dash to plant the thirsty trees in the middle of a catastrophic drought in California.

AP2 invests $750m in TIAA-CREF II

Swedish pension fund AP Fonden 2 has invested $750 million to TIAA-CREF Global Agriculture II, confirming rumours that the pension was one of three foreign investors contributing to the vehicle’s $1.4 billion fundraise.

US fund continues WA farm spree

A US pension fund investor that flies under the radar has continued its spending spree on quality agricultural land in WA with the purchase of two farms in Grass Patch for about $9 million.

Down on the farm

One industry leader estimates that $10 billion in institutional capital is looking for access to US farmland, but that number could easily rise as investors seek to ride out uncertain financial times by placing their money in the perceived safety of agriculture.