If there was any doubt that China is desperate for agricultural assets, it has been dispelled by the news that China Investment Corp with its $US190 billion war chest is on the hunt all the way down to chilly Tasmania in search of fresh milk.
It is expected that the final report of the Commission of Inquiry into Special Agricultural and Business Leases (SABLs) will shortly be tabled in Papua New Guinea’s national parliament, but no one yet knows what it will recommend, let alone whether Peter O’Neill’s new government will act on those recommendations.
- Development Policy
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22 August 2012
Colin Filer says 5 million hectares of customary land has passed into the hands of national and foreign corporations in Papua New Guinea using a legal mechanism called the 'lease-lease-back scheme'.
Parliament is calling on the Productivity Commission to review the recent surge in foreign investment in farming, focusing on its effects on the economy and food security.
- Sydney Morning Herald
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24 Mar 2011
BKK Partners, an Australian financial advisory firm, has a client that wants to buy 100,000 ha of Cambodian farmland. Human rights workers and politicians are concerned.
UBS Global Asset Management has established an Australia and New Zealand farmland investment advisory service to meet the growing institutional demand for assets, particularly from Asia.
- Financial Standard
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10 June 2014
A move by the Indonesian government to buy one million hectares of land for beef production in Australia for its own local market has reignited the foreign ownership debate.
The Utah-based Mormon Church has added a large-scale dryland cropping operation in the renowned Golden Triangle region of northern New South Wales to its growing Australian agricultural portfolio.
- Grain Central
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17 Mar 2025
Agriculture & Natural Solutions Acquisition is a Nasdaq-listed SPAQ that recently acquired 200,000 ha of farmland in Australia through a business combination with Australian Food & Agriculture Company Limited.
- MarketBeat
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30 November 2024
Chinese billionaire Xianfeng Lu has put one of the country’s biggest dairy operations, the nearly 200-year-old Woolnorth farming aggregation in Tasmania, up for sale after losing a big milk supply contract with dairy giant Fonterra earlier this year.
Joe Lewis, the main shareholder of Australian Agriculture, a company that owns about 1 per cent of the Australia’s land mass, has pleaded guilty in a US court to insider trading.
- IN Queensland
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29 January 2024
New report by the Oakland Institute examines the African Forestry Impact Platform bankrolled by European development finance institutions, Japanese oil interests, and an Australian investment firm.
- Oakland Institute
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30 August 2023
Ontario Teachers’ Pension Plan has acquired a majority stake in Mitolo Family Farms-- Australia’s largest potato producer and owner of one of the country's largest horticultural land aggregations.
Investment platform iPartners is pushing into the agricultural sector, launching a $20 million fund to acquire Australian farmland for protected koala habitat to generate returns through its use as a biodiversity offset.
American pension fund giant TIAA sold its Southern Riverina farming aggregation between Wagga Wagga and Albury in southern NSW to local Australian farmers after more than a decade of ownership.
Rural Funds Management has announced the sale of its Mooral almond orchard to Boston-based Hancock Agricultural Investment Group
- Farm Weekly
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06 September 2020
Funds managed by North American farmland and timber giant Hancock Natural Resource Group are poised to snap up two almond properties worth around $12 million in the NSW Riverina and South Australia’s Riverland.
Foreign buyers stepping into the rural property or agribusiness sector will have to negotiate new regulatory hurdles aimed at preventing a rush of opportunistic offshore-based takeovers during the coronavirus emergency.
Shanghai-based conglomerate Pengxin redirected the $US400 million it was prepared to pay for Australia's largest private land holding, S. Kidman & Co, into investments in Brazil after it was snubbed by then treasurer Scott Morrison in 2016.
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.
- Grain Central
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30 January 2018
The deal will also see the company, backed by Canada's Public Sector Pension Investment Board, acquire two certified organic properties owned by Arcadian covering over 30,000 ha.
A leading Chinese livestock and meat processing firm wants to tap supply of cattle from south-east Asia, with a cattle quarantine and slaughtering hub planned for the city of Ruili, on the border with Myanmar.
- Global meat news
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14 August 2017
Hassad Australia, a $469 million farming company and wholly owned subsidiary of Qatar’s sovereign wealth fund has sold the Clover Downs Station located in Queensland, Australia, to farmer Bill Zell for $27 million.
The $US866 billion financial services giant TIAA expects there will be at least $US100 billion invested in timberland operations and agriculture across the world in the next 10 to 20 years
Mitchell's Yougawalla Pastoral Company the latest Australian cattle station business to be put up for sale. Foreign corporations have spent some A$63.5 million buying into the sector in the past month.
Sale and leaseback agreements were almost unheard of in agriculture five years ago, but a few major deals recently have put them on the map, according to property group Colliers International.
A new type of property deal is entering the agribusiness space as investor interest in the sector grows, according to property group Colliers International.
China National Cereals, Oils and Foodstuffs Corp, known as COFCO, will focus its overseas acquisition drive in the wine and sugar sectors to meet growing demand at home, a senior company official has said.
- China Daily
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28 September 2013
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.
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.