Farm and asset management company Gunn Agri announced it has finalized the acquisition of Abingdon Downs, a 484,000-hectare breeding property in Queensland, Australia from the Keough Cattle Company, for an undisclosed sum.
- Global AgInvesting
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23 October 2018
ANZ Banking Group violated its own policies and international human rights standards by providing 40 million $ loan to a Cambodian sugar company that seized land from local farmers, according to a statement released by Australian government body that monitors corporate behavior overs.
Shanghai-based conglomerate Pengxin redirected the $US400 million it was prepared to pay for Australia's largest private land holding, S. Kidman & Co, into investments in Brazil after it was snubbed by then treasurer Scott Morrison in 2016.
Under a proposal from Australia's federal government the 15 per cent concessional rate of withholding tax for foreign investors in agricultural land will be lifted to 30 per cent by July 1 next year.
Qatar's Hassad Foods continues the strategic repositioning of its Australian agricultural investments, securing an agreement to transfer its agricultural portfolio to Macquarie Infrastructure and Real Assets.
- Gulf Times
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17 September 2018
The intensifying US-China trade war, plus our comparatively cheap agricultural land are among key reasons overseas investor groups have ramped up buying interest in rural Australia this year.
One of the world's major buyers of farmland is under fire for their involvement in land conflicts, environmental destruction and risky investments. A new report by GRAIN and Rede Social de Justiça e Direitos Humanos presents, for the first time, a comprehensive analysis of Harvard University's controversial investments in global farmland.
- GRAIN and Rede Social de Justiça e Direitos Humanos
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06 September 2018
The Australian farming business BFB Pty Ltd, with its portfolio of 28 farms covering 48,753 ha, will be pitched to Australian superannuation funds and offshore sovereign wealth investors.
Australian agricultural funds manager Laguna Bay Pastoral Company, which acts for North American pension funds, has recently bought eight dairy farms in the Smithton area.
- The Advocate
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22 August 2018
An overview of land grabbing in Africa and Asia as lessons for Sri Lanka. In September 2016 the International Criminal Court called land grabs as a crime against humanity and this is an area that Sri Lanka’s lawyers are advised to further look into.
One Tree Agriculture is owned by private equity fund manager, Proterra Investment Partners, which was spun off in 2016 as an investment advisory and private equity fund manager by Cargill’s Black River Asset Management.
- Grain Central
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17 July 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
Rising demand for leased farmland has convinced agricultural asset manager Growth Farms Australia to launch a 10-year investment fund which will buy mid-sized farming properties and lease them to primary producers.
The Weekly Times has compiled a list of more than 900 properties, and their owners, who range from family farms to domestic and international corporate and investment institutions. The result? The big are getting bigger.
The hefty mark-up for the 5.5 million ha property could leave foreign bidders in the box seat, testing the government's appetite for foreign ownership less than two years after it rejected China-led bids for an energy grid and agricultural company.
energy grid and agricultural company.
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.
A mass board resignation at the Chinese firm that bought Australia’s largest dairy farm has fuelled concerns it may not fulfil its promises of local investment and environmental protection.
Tokyo-based Nippon Life Insurance Company makes its first investment in a farmland investment fund through a US$92.5 million investment in an overseas farmland investment fund managed by Hancock Natural Resources Group
With first round bids due imminently, the high expectations could leave foreign bidders in the box seat, testing the government’s appetite for foreign ownership of sensitive assets less than two years after it rejected China-led bids for a major energy grid and agricultural company.
The Kahlbetzer family’s Twynam Agricultural Group has sold three properties in Lachlan Valley in New South Wales to two overseas investors – MERS Global Investments and Optifarm
- Global AgInvesting
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09 April 2018
China's richest man, Alibaba founder Jack Ma, slipped into New Zealand incognito last month. The founder of the world's largest retailer, which specialises in e-commerce, was in Waikato during Chinese New Year to check out his latest investment.
Report finds that the PNG government distributed over 5 million ha of customary land to private companies for large-scale agricultural development, without the free, prior and informed consent of all affected landowners.
China started to buy aggressively agriculture land abroad and already directed interest to the French wheat. In France, the authorities learned lately about the acquisition of 1,700 hectares of cereal crops in central France thanks to clever attorney’s tricks.
- Finance Apprise
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26 February 2018
A Chinese tycoon's purchase of vast wheat fields in France highlights China's increasing acquisition of foreign farmland as the Asian giant seeks to keep up with its massive population's growing appetite.
- The Star
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25 February 2018
AgCAP has completed the sale of its initial Sustainable Agriculture Fund (SAF) portfolio, which included the sale to institutional and private equity investors of SAF’s three cropping aggregations in Australia.
- Grain Central
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30 January 2018
To censure activism and opponents, Indian corporates have been using legal protection against journalists and campaigners but the debate on this issue has not taken off, possibly because of fear.
- Rising Kashmir
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23 January 2018
A continued proliferation of farmland managers and investment strategies is expected in the years ahead, says president of AgIS Capital LLC
- Gobal AgInvesting
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18 January 2018
One of the people most active in driving Chinese investment in Australian farmland, David Goodfellow, is switching camps to help build a $1 billion Canadian investment portfolio.
- Farm Online
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15 January 2018
Ontario Teachers' Pension Plan announces the acquisition of Jasper Farms, Australia's second-largest avocado producer.
The Campaign Against Foreign Control of Aotearoa (CAFCA) is very pleased that the Government announced that, as of December 2017, the rules around foreigners buying NZ farmland have been tightened up.