“CPPIB annually updates progress on strategy, including the repositioning of any program,” a company spokesperson told Agri Investor.
Fonds agroalimentaire CDPQ will make direct and fund investments designed to support Quebec’s agri businesses, new farmers and established family farmers.
When Stafford began managing the fund in June 2014, it set out with the mission to dispose of non-yielding, higher-risk assets.
The location of the 24 properties in prime agricultural country, along with a yield of around 5 percent and the potential to generate carbon credits is attracting financial investors first and foremost.
Quarterly reading on 445 US timberland properties shows 0.63 percent returns from lumber sales and a slight appreciation in land values during the first three months of 2017.
Milltrust Agricultural Investments has made its first acquisition through its MAI Australia Buy & Lease Fund, a vehicle it launched in June 2016 with the backing of UK institutional investors.
Mainland’s founding shareholders will retain a significant shareholding in the business and senior management will remain in their present positions.
Crop price premiums and increasing demand for organic products make the proposition for transitioning conventional land promising. But buyers beware: due diligence is rigorous, the transition process is labor-intensive, and there are no guarantees.
Funds associated with Oaktree currently own approximately 42 percent of AdvancePierre’s outstanding stock and have agreed to tender those shares pursuant to the agreement.
Dipping returns in recent quarters mark a contrast from both recent and historical performance of the index, which has tripled since 2000.