Daniel Kemp
The latest Australian Farmland Index paints a positive picture for Australian agriculture, although drought conditions in the east are hitting returns in some cases.
The Brisbane-based asset manager has appointed Joel Cann as CEO, who most recently oversaw a restructure at ASX-listed holiday park operator Aspen Group.
The outlook for this year is worse for many, but the overall picture is of a resilient ag sector with a lot still to offer investors.
Peter Costello said partnerships with local investors, but also greater transparency on the part of sovereign funds is the way forward.
Sydney-based Artesian Venture Partners has launched its A$50m GrainInnovate VC fund with backing from the Grains Research and Development Corporation
Long-Term Asset Partner’s mysterious bid for 100% of GrainCorp faces a May 10 deadline after sale of liquid terminals to ANZ Terminals, owned by several infra fund managers.
The Brisbane-based asset manager is in discussions with Oaktree Capital Management over its lending covenants, although MD Kim Morison said investors should have ‘no concerns’.
Saudi Agricultural and Livestock Investment Company has bought 200,000 ha of land in WA from John Nicoletti and is considering opening an office in Perth.
Agtech start-up Digital Agriculture Services recently secured funding from CSIRO and has seen strong interest from investors in using its web-based platform.
The Brisbane-based superfund says its capital will back expansion at Houweling’s Group, which Equilibrium’s fund acquired a stake in earlier this month.