Australia’s largest dairy operation, Tasmania’s historic Van Diemen’s Land Company, is reportedly on the verge of being offloaded by its Chinese businessman owner Xianfeng Lu.
- Beef Central
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28 October 2020
The Ontario Teachers’ Pension Plan has acquired Broetje Orchards, one of the largest privately-owned apple orchard operations in the U.S.
China’s investment in foreign agriculture totaled $26 billion in 2016, with investments in 100 countries. But this may just be the tip of the iceberg. A new report by the United States Department of Agriculture to understand both the scale and purpose of foreign investment in agriculture, forestry, and fisheries.
Private-equity giant KKR nears $70 million deal for some of the endowment’s farm holdings, including 8,500 acres of dairy farms on the South Island of New Zealand
Australia's business and legal communities are calling for a simplification of the policy under which there are six different monetary thresholds for prospective foreign investors in agricultural land to overcome.
Eight years after releasing its first report on land grabbing, GRAIN publishes a new dataset documenting nearly 500 cases of land grabbing around the world.
Today as the first ever G-20 agriculture meeting starts in Paris, the Bureau is launching a series of investigations into the role played by financial investors in commodity and food markets, focusing on the rising involvement of private equity in buying land around the world and its new food frontier, fish farming.
Farm Lands of Guinea Limited controls nearly a quarter of a million acres of underutilized West African agricultural holdings under an agreement with the Ministry of Agriculture of Guinea.
"We want to make agriculture sexy," says the head of Macquaraie's Retail Agribuiness operation.
- Farm Weekly
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30 December 2010
"Economic development is spurring a land grab in broad areas of the country, and the poorest Lao are paying the price," reports the US Embassy in Vientiane
Fears that faceless corporations and international investors would become the new barons of the Australian bush have proved to be unfounded
- The Australian
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30 October 2010
China is gearing up for a multi-billion-dollar investment push into the Australian agricultural sector to secure food supplies after a senior official admitted the country would face pressure supplying farm produce to its 1.3 billion people over the next five years.
- The Australian
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31 January 2011
Foreign companies, pension funds and sovereign wealth funds are ready and willing to invest in the Australian farm sector, but many parts of the industry are still not investment-ready.
- The Australian
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26 Mar 2014
PrimeAg Australia has agreed to sell 60 per cent of its land and water portfolio to US financial services organisation TIAA-CREF for up to $126 million.
- The Australian
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15 February 2013
Western Gulf Advisory, a Bahrain-Zurich based company, plans to invest $1 billion into the Australian economy, including farm acquisitions, over the next few years.
The Australian Parliament has moved to quell some of the anxieties surrounding a perceived foreign buy-up of local land, last week passing a motion regarding foreign ownership of agricultural land and agribusiness.
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
Chinese investors are buying up macadamia orchards in Queensland and New South Wales to protect their own supply
The Australian Greens Greens say the government should be cracking down on foreign investors buying up Australian farms to protect not only the economy but also long-term food security.
- Farm Weekly
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17 August 2013
Despite all the hype around Chinese investment in the Australian dairy sector, one Chinese investor who bought a dairy farm five years ago has lost money and will not buy again.
- Financial Review
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22 September 2014
A report from the Australian Bureau of Agricultural Research Economic and Sciences shows the amount of farmland that is either partly or wholly foreign-owned has increased by nearly 60 per cent since the early 1980s.
Steep growth in Chinese olive oil consumption, unlikely to be met soon by a budding domestic supply, is encouraging investors to get hold of olive farms and processing plants in producing countries.
A campaign to block foreign ownership of Australian farmland until a national interest test has been conducted has received the backing of the Australian Greens and some Independents.
- Herald Sun
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28 November 2012
China’s giant sovereign wealth fund is looking to make its first significant investment in the Australian dairy industry, as it tries to lock up food supplies for its growing middle class.
Politicians and economists say that the Australian public is only worked up about foreign ownership of agricultural land because the community is misinformed. This drives the belief that a register of foreign land holdings will calm everyone's anxiety. Given that Queensland has had such a register for 20 years, and that disquiet about foreign ownership still resonates among Queenslanders, this means that something else is at play.
A Chinese property conglomerate is bidding for a 15,000 hectare farming project in the Australian outback as Canberra looks to open the remote north for farming to tap booming demand for food from Asia, especially China.
According to Michael Yabsley of the Australian Gulf Council, agricultural land is among the top asset classes in Australia being considered by Gulf investors who have placed food security at the top of their priorities.
- Wall Street Journal
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15 May 2011
PSP, one of Canada's largest pension investment managers, now adds a further 40,000 hectares to its large farmland holdings in New South Wales.
From 1 July 2015, the Policy requires that all foreign persons (and foreign government investors) that currently hold interests in agricultural land must register those interests with the Australian Taxation Office (ATO) by 31 December 2015.
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