A mansion in Melbourne's east, newly constructed units and more than 3,000 acres of Tasmanian farmland are among $17.3 million in property seized by authorities as part of an investigation into alleged money laundering by Chinese nationals.
Belgian sugar producer Finasucre has agreed to acquire the Winfield Road aggregation – the largest Macadamia portfolio in Australia – from Hancock Agricultural Investment Group for a record-breaking $59.2 million.
Europe’s biggest pension fund manager is set to expand its Asia portfolio "primarily with additions of co-investments, joint-ventures and investor-led platforms with a focus on farmland and timberland".
- Asian Investor
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21 October 2019
Terra Firma, founded by British multi-millionaire Guy Hands, has owned CPC since 2009 when it paid James Packer and partners about $425m for what was then a 5.6m hectare estate.
- Farm Weekly
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15 October 2019
Overall, nearly $5b of sensitive land has changed hands in New Zealand through the Overseas Investment Office since the Labour-led government was formed.
Canada’s Public Sector Pension Investment Board has made another move to deepen its presence in Australian agriculture, taking full ownership of the largest irrigated farmer in Australia.
Canadian fund manager PSP Investments, a public service pension fund, has put in an offer for Australia's Webster farms, including their water entitlements, that values the diversified agribusiness at $854 million
- N Queensland Register
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03 October 2019
Leah Soroka, program manager for Eastern Europe and central Asia agri-finance with the World Bank's IFC, said the President's proposal to privatise farmland would be a game-changer.
- Producer
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20 September 2019
A record amount of Brazil’s Amazon rainforest was cut down or destroyed last month, fuelling concerns that under President Jair Bolsonaro, illegal miners and farmers are involved in a free-for-all land grab.
- The Australian
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09 August 2019
Macquarie Bank has come under fire for land clearing operations undertaken by Viridis Ag, a farming enterprise owned by the banking group’s agricultural investment management business, Macquarie Infrastructure and Real Asset.
- Fifth Estate
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06 August 2019
The sustainability of food supply chains has become increasingly important in determining where First State Super, an Australian $75 billion superannuation fund, directs its investments.
- Financial Standard
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05 August 2019
Australia’s Macquarie Group has purchased a 49% stake in cotton farm Cubbie Station from a consortium led by Chinese conglomerate Shandong Ruyi for an undisclosed sum
Foreign ownership of Australian farmland is "overstated" when measured on a dollar-value basis, according to a new report by agribusiness lender Rabobank.
Rifa Salutary first invested in Australian agriculture in 2014 and now has 14 properties in western Victoria and northern NSW, with a land area totaling around 44000 hectares.
While Qatar has adopted a more indirect approach to its foreign agricultural investment and increased domestic production of some food products, it is unlikely that it will be able to significantly reduce its dependence on foreign food supplies in the long term.
- Future Directions
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03 July 2019
According to asset managers, a window is emerging for institutional money to flow into agriculture due to change of ownership, notably in markets such as Australia and the US.
Australia’s big four banks; ANZ, the Commonwealth Bank, NAB and Westpac are financing companies accused of land grabs, deforestation and labour abuses in developing countries according to a new report by Friends of the Earth Australia.
- The Sydney Morning Herald
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25 June 2019
At least six people have been killed in a series of deadly Amazon land conflicts in Brazil, stoking fears of rising violence in the region under far-right President Jair Bolsonaro.
Saudi Agricultural & Livestock Investment Co. (SALIC) bought 200,000 hectares of farmland in Australia as the company explores global deals to expand its business.
The Australian Government's long-awaited foreign ownership of water entitlement register reveals one in 10 water entitlements is foreign-owned at 10.4 per cent.
The Saudi Agricultural Livestock Investment Company has emerged as the likely buyer of Australia’s biggest single parcel of broadacre farming land, based in the Wheatbelt.
- West Australian
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01 Mar 2019
The Ontario Teachers’ Pension Plan has acquired Broetje Orchards, one of the largest privately-owned apple orchard operations in the U.S.
Wrathall went to the the most remote and contested parts of north Western Australia to investigate stories of the forced closure of Aboriginal communities. What he found instead was a complex and complicated set of issues around the ways that huge mineral-rich region is being developed by government, big mining and big agriculture.
Australia's foreign investment regulator no longer believes private companies in China are free of Communist Party control, and plans on subjecting Chinese takeovers and deals, such as those for farmland, to more screening on national security grounds.
One of Canada’s largest pension funds acquires majority stake in Australian company that owns 44,167 ha of arable land, as well as significant grain storage, fertilizer, agronomy, livestock, farming and logistics businesses.
- Mirage News
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15 January 2019
Foreign ownership of Australian agricultural land rose more than two million hectares in the past year, with investors from the island nation of the Bahamas buying up 2,201,000 hectares.
- Katherine Times
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08 January 2019
ANZ Banking Group violated its own policies and international human rights standards by financing a Cambodian sugar company that seized land from local farmers, according to a report released by an Australian government body that monitors corporate behavior overseas.
Warakirri says it is already managing discrete agricultural investments for super funds, but this new fund is being set up in response to demand from private family offices, high-net-worth and not-for-profit community
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
A group of Riverina farmers is demanding answers from the federal government over the sale of BFB, a large diversified agribusiness in Temora, which is being sold by a US private equity investor to a Canadian pension fund.