European pension funds are investing in global farmland, with a focus on emerging markets. If political problems arise, “You'll have the World Bank on your side,” SilverStreet's chief investment officer said.
- Pensions & Investments
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19 April 2010
"The Chinese want a secure food supply, and they're coming into New Zealand to do that, by the look of it," a local farm union official says
Two South African asset management firms launched a 3 billion rand farmland investment fund on Wednesday that is expected to help boost agricultural development in Africa's biggest economy.
Investors are growing more bullish on U.S. farmland as softness in some sectors spurs increased competition for buying quality acres. Capital flow is increasing from overseas, in particular from Europe, Asia and the Middle East.
En Amérique latine, comme partout ailleurs dans le monde, les communautés subissent actuellement une nouvelle forme d’invasion de leur territoire.
Inversionistas extranjeros han acaparado en pocos años millones de hectáreas de tierras de cultivo en América Latina para producir cultivos alimentarios o agrocombustibles y exportarlos. Gran parte del dinero proviene de fondos de pensión, bancos, grupos de inversión privada de Europa y Estados Unidos, o de individuos acaudalados como George Soros, y fluye a través de mecanismos de inversión en tierras de cultivo puestos a operar mediante compañías extranjeras y locales.
An Observer investigation reveals how rich countries faced by a global food shortage now farm an area double the size of the UK to guarantee supplies for their citizens
Right now communities in Latin America, as around the world, are suffering a new kind of invasion of their territories
Listening to Susan Payne you could be forgiven for thinking land funds are a holy grail for the ethical investor: money-making opportunities with a sanctifying air of do-goodery.
- The Spectator
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13 February 2010
A UAE company is seeking a 98-year lease on vast tracts of farmland in Tanzania to grow rice in order to secure food supplies for the Gulf countries.
The fund is in the process of leasing 50,000 hectares of land in Tanzania which will be complete by the end of this year and will mainly be for rice production.
Sous l’œil bienveillant de l’ONU, les grands noms de la finance s’accaparent des régions agricoles entières.
- La Terre
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30 November 2009
Agribusiness and global investors are scooping up farmland. Are corporate farmers the new colonialists? asks BusinessWeek
- Business Week
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25 November 2009
Pension funds are seeking out agricultural and commodity-related assets that offer diversification from traditional asset classes and superior returns to listed equities.
- Global Pensions
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24 November 2009
The fervour with which foreign commercial interests are forcing their agricultural 'solutions' on the African continent represents nothing more than an established endeavour to protect profits and access to resources.
- Pambazuka
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05 November 2009
New code of conduct could limit aggressive moves by China, South Korea and Gulf states who have been buying vast tracts of agricultural land
- The Guardian
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02 November 2009
Today's emerging new farm owners are private equity fund managers, specialised farmland fund operators, hedge funds, pension funds, big banks and the like.
Key areas of investment interest from pension and sovereign wealth funds in UK, Middle East, Europe and the US include agriculture land in Australia, South and North America, and throughout Europe.
- Financial Standard
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28 September 2009
In the Philippines, a land lease hotspot like Cambodia or Laos, a series of high-profile deals has clashed with long-running demands for agrarian reform including land redistribution.
- World Mission Magazine
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20 September 2009
A group of private Saudi investors said they plan to start a company with $533.3 million capital that will invest in farm projects mainly abroad. First projects may be with Ghana, Turkey and Kazakhstan.
- Reuters
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09 September 2009
Saudi Arabia announces the launch of Agroinvest, which will focus on farm acquisitions abroad to grow wheat, rice, soybeans and other crops in Brazil, Vietnam, Indonesia, Philippines, Pakistan and Turkey
- Arab News
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09 September 2009
Hancock Agricultural Investment Group, a Boston-based unit of Toronto's Manulife Financial Corp., decided its first Canadian purchase would be an 1,100-acre (450-hectare) patch of land that it called "one of the most highly productive properties in the industry." The company will not disclose how much it paid, or even the exact location of the farm. But president Jeff Conrad said the company is in Canada to stay, and the fund plans to seek more land.
- Mail and Globe
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19 August 2009
The social consequences of these land grabs are significant.
- Workers' World
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03 August 2009
Because of the political sensitivity of the modern-day land grab, it is often only the country's head of state who knows the details. Der Spiegel investigates.
As world population expands, the demand for arable land should soar. At least that's what George Soros, Lord Rothschild, and other investors believe.
Cru Investment Management PLC, a company based in Cardiff, UK, forecast a 30% return for an agricultural fund that generated profit from farms in Malawi.
- Canadian Business
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07 Mar 2009
Perhaps the UN’s hand-wringing is just sentimental. Deals will be done and the rush to buy land has begun in Europe, too.
- The Times (London)
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05 Mar 2009
Agriculture opportunities are accessed through land purchase (for production of foodstuffs or, more recently, biofuels), through equity investments in companies associated with this theme or – as is the case for £143m Ceres Agriculture fund – through pure derivative strategies.
- Financial Times
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23 February 2009
"We are seeing a land grab bigger than anywhere else in the world, and it has attracted a mighty cast of characters," says Kingsmill Bond, chief strategist at Troika Dialog, a Moscow brokerage firm.
- Institutional Investor
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08 January 2009
As with timberland, while direct ownership and management (i.e., being a farmer), is a possibility, such a route is similarly fraught with difficulties. One of the most significant of these is the issue of diversification in the farmland itself - especially with a single investment. A well-diversified holding of farmland (row crop, permanent crop, pasture and even timber) will, therefore, not only require a significant investment, but may also involve land holdings in a number of different locations.
- Farms.com
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15 September 2008