The Weekly Times has compiled a list of more than 900 properties, and their owners, who range from family farms to domestic and international corporate and investment institutions. The result? The big are getting bigger.
“I’ve got strong interest from Canada, the United Kingdom and Dubai and they want to come out now and have a look around," says the owner of the largest semi-contiguous cropping aggregation to be offered in Australia’s history.
The hefty mark-up for the 5.5 million ha property could leave foreign bidders in the box seat, testing the government's appetite for foreign ownership less than two years after it rejected China-led bids for an energy grid and agricultural company.
energy grid and agricultural company.
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
With first round bids due imminently, the high expectations could leave foreign bidders in the box seat, testing the government’s appetite for foreign ownership of sensitive assets less than two years after it rejected China-led bids for a major energy grid and agricultural company.
AgCAP has completed the sale of its initial Sustainable Agriculture Fund (SAF) portfolio, which included the sale to institutional and private equity investors of SAF’s three cropping aggregations in Australia.