Saudi Arabia makes first move into Australian ag with plans to deploy ‘hundreds of...

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.

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.

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.

Idaho Land Board picks up 32k-acre Molpus timber portfolio for $42m

Deputy director David Groeschl says the Land Board has $109m remaining for in-state ag and timber purchases.
Rural Funds Management's Cobrunga cattle property in Victoria

Rural Funds Management buys first cattle property in Victoria

The manager of ASX-listed Rural Funds Group has purchased Cobrunga, its third pastoral property acquisition and fourth overall since concluding a A$104m entitlement offer in August 2018.

Equilibrium acquires greenhouses with plans to expand

The firm plans double the size of Houweling’s Group’s 30-acre Utah greenhouse, as expansion capital becomes increasingly important for the indoor ag market.

IFC acquires Washington apple companies amid active market

Washington agronomist Stu Turner tells Agri Investor that a large apple crop in 2017 has helped financial investors play an increasingly active role in the state’s farmland market.

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