The $56.5 billion Harvard University Endowment Fund is preparing to sell another chunk of its Australian almond and cotton holdings after putting the Western Rosella Farming portfolio in the NSW Riverina on the market.
The BFB sale has raised concerns that even if local bidders are able to raise the cash required for these deals, they’re not able to compete with the vast resources and track records of international players.
- The Land
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21 November 2018
The UK remains the largest foreign owner of Australian farmland, followed by China and the US, according to the Foreign Investment Review Board 2016–17 Annual Report.
- Grain Central
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02 July 2018
The New Zealand Superannuation Fund has made its first offshore farm investment, taking a stake in Australian beef stud Palgrove for an undisclosed amount.
- NZ Herald
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04 October 2017
The Nationals, and some regional Liberals, claim that without the register, Australia's food security and sovereignty could be jeopardised.
Thousands of miles from pricey U.S. farmland, a Michigan pension fund is expanding its investments in Australian farms, betting on good returns from the comparatively cheaper assets and surging commodity prices.
- Reuters
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09 September 2014
Outback Australian farmers - hardened from dealing with extreme weather, fires and pests - now have to wrestle with modern trading tools and technology after a tough day tilling the land as they adapt to the rigors of a deregulated market.
Government-backed companies, as Hassad Food, have begun buying up farmland around the world, with Australia’s vast tracts of top quality primary production land a prime target.
Canada’s Public Sector Pension Investment Board (PSP Investments), the largest foreign institutional investor in Australian agriculture, has acquired more than 8,000 hectares of farmland in New South Wales from Duxton Farms for A$70m.
- IPE Real Assets
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18 April 2024
Minerva is 35% owned by the Saudi Agricultural and Livestock Investment Company, which already has 211,000 hectares of farmland and two mutton processing plants in Western Australia.
- News Achieve
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25 October 2022
A Canadian pension fund has bought a huge parcel of Australian permanent water rights for $490M to irrigate almond trees, in a move that puts the spotlight on foreign ownership of farms and water resources as drought ravages the country.
Chinese investors ramped up their investment in Australian agriculture last year, spending $1.2bn on farms and agribusinesses, a new report from KMPG and the University of Sydney has revealed.
- Farmers Journal
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28 May 2017
Joe Lewis, the owner of football team Tottenham Hotspur, is the ultimate owner of the AA Trust, which has just converted 59 of 160 Convertible Notes into fully paid ordinary shares in AACo.
Australia’s rural farming sector is witnessing a spurt in Chinese investments, backed by high expectations of the upcoming free trade agreement with China.
- International Business Times
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29 September 2015
Australia's conservative opposition on Friday earmarked tighter scrutiny of foreign investment in agriculture as a priority if the party is elected to government next year, as recent polls suggest.
Overseas investors are snapping up prime agricultural land and rural enterprises, triggering concerns we're selling off the farm.
- Daily Telegraph
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04 January 2012
The Qatar backed agricultural land and food producing company Hassad has defended its financial record in Australia following a report which showed its property company had never made a profit.
There's growing interest in who invests in Australian companies and who buys Australian land, with more discussion around the topic of global food security.
Trading as Kimberley Agricultural Investments, it's understood that a Chinese investment group is interested in developing a major sugar industry in the region, as well as a meatworks capable of processing 500,000 head of cattle a year.
One of the world's largest farms is up for sale in Australia, with bidders hailing from China, the US, Canada, the UK, Switzerland, South America and Indonesia
- Daily Mail Australia
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23 June 2015
Australians are entitled to test and scrutinise the benefits of foreign acquisitions to ensure they are in our national interest and, importantly, safeguard Australia’s role in global food security.
Australia's federal government has set up a working group to assist with the development of a Commonwealth register of foreign owned agricultural land.
- Stock & Land
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25 June 2012
Asian investors have overtaken Europeans as the biggest buyers of Australian land, a snapshot of foreign acquisitions reveals.
The founder of debt ladden Chinese property developer Shimao Group Holdings has put a Western Australia cattle station portfolio almost as big as Belgium on the market with an asking price of about $250 million.
Kilter Rural launches a $333.7 mln agriculture fund that will buy and develop 21,000 hectares of farmland in Southeastern Australia, creating biodiversity and carbon credits in the process.
Chinese-backed company Harmony Beef and Cattle is buying the Earl of Stradbroke's grand rural property Mt Fyans in the Western District of Victoria for about $34 million.
China Huiyuan Juice Group Limited, the largest privately owned juice producer in China, plans to invest in the agricultural resources in Australia by acquiring one or two farms.
- China Daily
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26 November 2014
Australia is the largest single beneficiary of rampant and unsustainable logging and land grabbing in Papua New Guinea, according to leading community activist group, ACT NOW!
- Act Now!
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07 November 2014
The UAE plans to hold further talks with officials from Australia with a view to invest in farmland as part of its plan to tackle food security.
- Arabian Business
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24 April 2011
Could the Middle East become a significant new source of offshore investment in Australia’s extensive northern cattle industry?