Joint venture with the India/UAE Allana Group acquires 20,000 head of cattle owned by Felda and gains access to over 850,000 hectares of oil palm land.
- Malaysia Insider
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07 June 2010
By 2008 global grain prices were reaching record levels, and Swedish, British, Chinese, and Korean investors were piling into Russian farmland.
There are growing concerns that a legislative loophole could allow vast tracks of Australia's farmland to be sold to the Chinese Government.
- Big Pond News
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29 May 2010
The process of buying up large swathes of farmland in foreign countries is politically sensitive, but "beggars can't be choosers" says a senior executive at a leading Middle Eastern food commodities trading firm
Qatar’s sovereign wealth fund agricultural company launched Hassad Australia last year, aimed at ensuring that livestock and grain needs for Qatar, from Australian farmland, are met.
Companies from the kingdom are meeting with representatives of the state of Western Australia to discuss buying equity in farms and investing in the wheat supply chain.
- The National
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28 April 2010
Chinese investment in Australian farms increased 10-fold in the past six months, as buyers see opportunities in agriculture. “Chinese are wealthy and they are looking for a secure investment in beef, cotton and grain properties, ” said John Burke, an agent for Elders Ltd.
El-Nahda for Integrated Solutions signed an agreement with the White Nile Governorate for a 30-year lease on 60,000 feddans [25,210 ha] of land on which it will build a large-scale commercial rice farm.
The Kuwait-based firm aims to build on its base as the leading food company in the Middle East.
Macquarie Agricultural Funds Management has started up the Macquarie Crop Fund to "acquire or lease grain and oilseed properties located in geographically diverse regions of Australia and Brazil".
Qatar-based Hassad Food has initiated its investment in Australian agriculture with the purchase of the prized Kaladbro Estate in far western Victoria.
- Australian Financial Review
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08 Mar 2010
Saudi Arabia, along with Abu Dhabi and Kuwait, want to buy more than $1 billion worth of Aussie farmland in a 21st century land grab.
- Daily Telegraph
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07 Mar 2010
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.
Human rights workers said risks to the rural poor over such deals are significant because they are regularly evicted to make way for foreign investors.
Some of the world's biggest sugar players, including Brazil's Cosan, New York-listed Bunge and privately held US multinational Cargill, might join China in the race for CSR's sugar division
- The Australian
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15 January 2010
Glencore's agricultural interests include 300,000 hectares of land in Australia, Kazakhstan, Paraguay, Russia and Ukraine.
- Agrimoney
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24 December 2009
Hassad Food has launched a large project for producing livestock in Australia with a capacity of up to 70,000 Syrian head of sheep in its first year, and then up to 150,000 head of sheep in three years. The company will also purchase farmlands for the production of grains especially wheat.
- Qatar News Agency
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22 December 2009
Dubai World said on Friday the company was not involved in the dairy farm purchases "in any way".
- Otago Daily Times
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21 December 2009
The Serious Fraud Office has been brought into the controversy over a Maori trust's move to buy thousands of hectares of prime Southland farmland, after revelations that an alleged fraudster is involved: bankrupt Australian "kaumatua" Shane Wenzel.
- Sunday Star Times
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20 December 2009
Hassad Food plans to invest all over the world. “Latin America, Asia, you name it,” says Al Hajri, “Where we invest, we make profit. If Qatar is in need of that production, Hassad has the pleasure to sell to Qatar at no special rate.”
- Qatar Today
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06 December 2009
At a two-day conference near the Moroccan capital Rabat, local officials sought to convince Gulf investors that heavy bureaucracy and complex land ownership rules, long seen as decisive obstacles, are a thing of the past.
- Meat Trade Daily
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24 November 2009
Foreign companies are covertly buying up adjacent farms in Australia to use as a "salad bowl" in the case of global food shortages.
- The Telegraph
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23 November 2009
Peter Hannen is selling his sheep country in western NSW, Australia after his ambitious plan to raise $300 million for an agricultural fund with Dexian Capital couldn't find support.
UAE foreign investment in food production have so far focused on leasing Pakistan and Sudan’s agricultural land, with new prospects in Cambodian rice, Canadian wheat and Australian beef. Alongside the strategic deals at the national level, private investment has followed which should open new channels of trade, for example, Al Qudra Holding has plans to grow grain and vegetables in Vietnam and Croatia as well as Pakistan.
- The National
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25 October 2009
Egyptian private equity firm Citadel Capital is investing in 210,000 ha of farmland in Sudan, where it got the right to the land for 99 years.
- Reuters
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29 September 2009
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
China's sovereign wealth fund, China Investment Corp, has bought a 14.5 per cent stake in grain trading and production firm Noble Group for US$850 million.
- Reuters
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22 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
The Australian almond plantations of agribusiness group Timbercorp have been sold to Singapore-based multinational food giant Olam International for $128 million.
- The Age
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18 September 2009
Ray White Rural chairman Paul White said there was interest in Australian rural property from Chinese, Malaysian and Indonesian investment groups, looking to secure their food supply for the future.
- The Australian
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03 September 2009