Hassad Australia chief executive Tom McKeon said the company employed people from local communities, supported local businesses and paid tax. The company owns 11 farms over 250,000ha in Australia, including three in WA.
- West Australian
-
10 April 2013
Singapore-based Duxton Asset Management said it is in talks over planned investments in four Australian farms despite increasing scrutiny of farm purchases by foreigners.
Reading between the lines, the Durban BRICS resolutions will support favoured corporations' extraction and land-grab strategies and confirm the financing of both African land-grabbing and the extension of neo-colonial infrastructure through a new 'BRICS Bank'
Lakewood Asset Management is pleased to announce the launch of its latest agricultural asset project -- Australian Farmland in partnership with Agri Firma Capital of the UK.
The 16,000-hectare farm which Första AP-fonden bought in Australia in December was one of a clutch of purchases of farmland, worth some $100m, by the pension fund.
Mark Wiseman, chief executive of the $A170 billion fund, will visit Australia this month amid the group’s expanding portfolio of interests across the Tasman.
The Beidahuang Group has been dismayed by what it regards as negative media coverage of its investment in agricultural land in Australia and plans to scale back while it still purchases more farms.
- The West Australian
-
04 Mar 2013
There's been considerable disquiet over the presence of foreign buyers in the farmland market place, but the stats on the extent of foreign ownership and the emerging trends are far from clear.
Governments in a number of countries are trying to address concerns about land grabbing by closing their borders to foreign investors. Are these restrictions effective? Not really, says GRAIN.
There are renewed calls for tighter limits on foreign investment in agricultural land, with new figures showing 4.6 million hectares of Australian land is now owned by overseas interests.
A Qatari Government-owned company is buying up prime agricultural land in South Australia at well above market rates and is forcing farmers to sign confidentiality agreements.
- Adelaide Now
-
25 February 2013
Warren Buffett's Berkshire Hathaway has initiated a position in Archer Daniels Midland when it is anticipated that companies like ADM and Bunge will seek out targeted acquisitions of global farmland in order to both expand and diversify operations
- Seeking Alpha
-
22 February 2013
Malaysia’s palm oil giant Kuala Lumpur Kepong Bhd (KLK) has been steadily purchasing farms in Australia’s largest wheat-producing region
- The Malaysian Insider
-
19 February 2013
As PrimeAg Australia's $125 million sale of rural properties to US fund manager TIAA-CREF goes through, the question now being raised by investors is what will happen to the residual portfolio.
- The Land
-
18 February 2013
PrimeAg Australia has agreed to sell 60 per cent of its land and water portfolio to US financial services organisation TIAA-CREF for up to $126 million.
- The Australian
-
15 February 2013
In rural Australia, the hyperbole about agriculture as a boom industry for global investors is not translating into practical benefits at the farm gate
- The Australian
-
01 February 2013
Wilmar has flagged the purchase of another 778 hectares of land in the Burdekin region south of Townsville, Australia as part of its campaign to lock up as much supply as possible.
- The Australian
-
25 January 2013
With a need to import 100m tonnes of grain each year by 2020, Beijing needs to invest in global agricultural markets, experts say
China's sovereign-wealth fund is one of three large funds vying to take a stake in Australian dairy company Van Diemen's Land Co.
- Wall Street Journal
-
09 January 2013
A Swedish pension fund has become the latest of a series of purchasers of Australian farmland, a buying spree which has fuelled public concerns, and raised discussion over curbs on foreign ownership.
- Agrimoney
-
12 December 2012
TIAA-CREF's Westchester group buys 17,200 ha Cobran Station, once Australia's largest rice farm, while Sweden's Forsta AP-fonden buys the 16,000 ha Merri Meric farm near Henty.
- The Australian
-
10 December 2012
“When things are mortgaged up to the hilt and the banks are involved then it’s either bank ownership or foreign ownership,” says South Australian sheep farmer Brian Wilson
WA Australian Agriculture Minister Terry Redman can't shed light on reports a Chinese agricultural giant could buy up to $4 billion worth of prime farmland after snapping up some 30,000 hectares in the past month.
A campaign to block foreign ownership of Australian farmland until a national interest test has been conducted has received the backing of the Australian Greens and some Independents.
- Herald Sun
-
28 November 2012
Blackstone Group LP and China agribusiness company New Hope Group are through to the final round of bidding for Australia's largest poultry producer Inghams Enterprises, a deal that could be worth as much as A$1.4 billion
For all the willing buyers seeking tracts of Australian farm land, local investors are not among them. They wonder what all the fuss is about.
Chinese property development conglomerate Shanghai Zhongfu has won the sole right to develop 15,200ha of high-value irrigated agricultural land in northern Australia..
- The Australian
-
14 November 2012
Duxton Asset Management has bought more than 800 hectares of Australian fruit orchards for a discount of more than 50 per cent from receivers of failed managed investment scheme Rewards Group and listed land owner Ark Fund.
An Australian farmer has voiced concerns about a Chinese company's $29 million purchase of 23,000 ha of prime, grain-growing land in Western Australia's south.
A consultation paper on Australia's foreign ownership register for agricultural land is now available for public comment.
- The Land
-
06 November 2012