Altora Ag to merge with Australian Food & Fibre creating massive annual cropping business
- AIM
- 18 June 2026
When combined, Altora Ag and AFF, both owned by Canada’s PSP Investments, will farm on over 270,000 hectares across Australia.
When combined, Altora Ag and AFF, both owned by Canada’s PSP Investments, will farm on over 270,000 hectares across Australia.
Warakirri Asset Management announced the expansion of its Warakirri Farmland Fund portfolio through the acquisition of five premium fruit orchard assets in the Cobram region of Victoria, Australia.
New Forests' Global Landscape Opportunities strategy will in forestry, agriculture, and complementary markets such as carbon and biodiversity, in North America, Europe, Australia, New Zealand, Brazil, Uruguay, Chile and other countries in Southeast Asia, Latin American and Africa.
Investors expected to attend the Global AgInvesting event include APG Asset Management, one of Europe’s largest pension investors, Canada’s Ontario Teachers’ Pension Plan, and the International Finance Corporation of the World Bank.
American fund manager RRG Capital Management is preparing to sell its third major horticultural venture as it accelerates a sell-off of its Aussie farms.
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Canadian pension funds PSP Investments and OMERS were earlier named as potential bidders for the beef, sheep and cropping operations, along with the Abu Dhabi Investment Authority.
The entire portfolio, including 18,250 megalitres of water entitlements, would be of interest to pension and sovereign wealth funds from Europe, the Middle East or North America, said sources with knowledge of the sale who were not authorised to speak publicly.
Overseas farmland investment surged by 34 per cent last year, with 46 deals worth $2.5bn approved in just three months.
A mammoth Canadian pension fund, PSP Investments, has listed 4200 hectares of prime NSW agricultural land for sale across six Central West properties.
US and Canadian pension fund managers have submitted multiple bids for Australia’s $3bn Paraway Pastoral empire, and its vendors are assessing offers for the 4.4 million hectare agricultural business.
Foreign investors held registered interests in 50.262 million hectares of Australian agricultural land at 30 June 2025, according to new data tabled in Federal Parliament.