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.
Agricultural investors say the COVID-19 crisis has had little impact on their business and investment intentions, with Australian agricultural land, water and business assets as appealing as ever to investors.
- Farm Weekly
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25 September 2020
The Singaporean-owned company has about 7600 hectares of farmland including a network of 25 properties in the Murray Valley and near Bendigo and in the Victorian Wimmera, carrying about 40,000 breeding sows.
- The Land
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22 September 2020
Giant South Korean conglomerate Hanwha Group is looking to make an exit from the Warragundi aggregation in Australia, just over a year after taking control of the largest acreages in NSW’s Mudgee region.
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
Mining billionaire Andrew Forrest says conservation and heritage considerations must be balanced against the need for farming, after outbiding the Yi-Martuwarra people for a vast land holding on their territories.
London-based Stafford Capital Partners has raised €12m from three European pension funds towards its soon-to-be-launched follow-up to its Australian farmland fund.
- IPE Real Assets
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22 June 2020
Beston Global Food Company has sold its four dairy farms in South Australia to PSP Investment and Warakirri Asset Management-backed Aurora Dairies in a US$27.8 million cash deal
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.
China-invested banana plantations in Laos are sickening Lao villagers exposed to agricultural chemicals.
You’d be surprised to learn that the billion dollar barons of Australian farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund
The past few years has seen a steep increase in the players involved in the Australian agribusiness investment sector, particularly with Canadian and American pension funds.
Macquarie-backed Viridis Ag has bulked up its national broadacre cropping portfolio, buying a 356-hectare property in Belubula Valley, amid a steady stream of blue-chip farming deals in Australia.
The Australian fund has confirmed that it has completed an off-market deal to acquire Terrick Terrick, a 55,000-hectare property from long-time owners Russel Pearson and the Pearson family, for an undisclosed amount.
HighQuest Partners has documented an additional 100 ag investors that have made their first investment in food and agriculture in the first quarter of 2020, directly or via allocations to asset managers.
Large institutional investors are pouring capital into global agricultural markets, and Australia has been a key target.
- IPE Real Assets
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06 April 2020
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.
The Digoel Agri Group has begun operating in an Indonesia mega project being fought over by investors from around the world earmarked to become the world’s largest oil palm plantation, in a vast project that has been mired in allegations of lawbreaking.
- The Gecko Project
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24 Mar 2020
When Gulf nations face food, security, and water scarcity issues, one response is to seek lucrative agricultural investments in fertile African lands. Yet, while such deals can bring benefits to the countries involved, there are also sizeable risks
China's biggest buyer of Australian wool is reported to have added to his portfolio of Victorian farmland with the purchase of a third sheep farm covering 2348 hectares.
The ANZ bank has agreed to provide a financial package to Cambodian families forcibly displaced by a sugar company the Australian bank loaned money to in 2011.
Daybreak Cropping, a partnership between Warakirri Asset Management and the Canadian Public Sector Pension Investment Board, paid $97 million for the 22,000 ha broadacre farm.
- The Standard
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21 February 2020
A company backed by one of South Africa’s richest men is setting itself up to be a major player in the Northern Territory’s beef sector after paying $70 million for two major cattle stations, Tanumbirini and Forrest Hill.
PSP Investments has been doubling down on capital commitments in Australia’s ag sector – and particularly in almonds and water recently.
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.
In a rare rejection of New Zealand's Overseas Investment Office application, Canadians have been barred from buying more than 4500ha of South Island farmland.
- NZ Herald
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02 December 2019
The Chinese exodus from the east coast beef, lamb and cropping sectors is gathering pace, with recent divestments by Rifa Salutary and Union Agriculture surpassing $50 million.
- Commercial Real Estate
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25 November 2019
Consistent interest from Saudi Arabia in direct investment in foreign agriculture, such as SALIC's recent purchase of 200,000 ha in Western Australia, will continue.
- Future Directions
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06 November 2019
Cross Pacific Investments, which is backed by the Buratovich family of Argentina, has now spent more than $43 million on top end Australian land in the last few months, totalling just over 540,000 hectares.
Singapore-based Olam International has positioned Vietnam as an export center for Asia, symbolized by a massive pepper plantation in central Vietnam the size of roughly 150 baseball stadiums.