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LGIAsuper commits A$112m to Equilibrium’s glasshouse-focused US fund

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.

MIRA to sell one-fifth of land bought from Hassad in September 2018

Macquari wants to optimize land use within the portfolios of subsidiaries Paraway Pastoral Co and Viridis Ag.

Growth Farms buys majority of Kangaroo Island portfolio and leases SA property

The Sydney-based fund manager took on all but two properties in the Cygnet Park Farms portfolio on behalf of a private buyer and leased a further property on behalf of the same client.

Cooke enters LatAm and shrimp markets with Seajoy acquisition

The deal demonstrates the PSP Investments-backed company’s ambition to become the world’s largest seafood conglomerate, according to a source.

Gresham House hires Olly Hughes to manage forestry division

With UK timber prices up 30% and forest land values rising, the manager will continue investing in Britain and plans to expand in Ireland in 2019.

Hamilton Lane: ‘We’re starting to see farmland returns normalize’

Managing director Brent Burnett says recent data suggest return expectations for US farmland are closer to the 6-8% range than the 10-12% suggested by long-term performance.

Urban farming firm iFarm Project secures $1m seed funding

Head of Europe Yury Fedorov says the company was one of the first to use LED lighting on a commercial scale, touting its farms as up to 95% more efficient than conventional ones.

Peoples Company adds Michigan appraisal firm to growing network

The deal will give Value Midwest clients access to Peoples Company’s brokerage, land management and investment services.

New Forests’ third Australia-New Zealand fund hits 50% deployment with NZ forestry purchase

The firm acquired Hikurangi Forest Farms for an undisclosed sum, describing it as a ‘cornerstone asset’ for the fund.
New Jersey Division of Investment full portfolio

New Jersey Division of Investment confirms $100m commitment

The US public pension has backed a North American agriculture fund.

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