Completion of the 22,100 acre purchase brings the publicly traded REIT's holdings to 107,888 acres.
The $26m acquisition adds more than 6,000 acres to the farmland REIT's horticulture-focused portfolio.
The fund targets own-and-operate cattle production assets in Australia and already holds over a million hectares.
US alternative investment firm Bain Capital has exited its majority share investment in Brakes Group, selling it on to US food distributing giant Sysco.
The Global Environment Fund is also raising a African Sustainable Forestry Fund II, which could hold a first close later this year.
The Hong Kong-based fund has made its first investment from its debut fund and is expected to reach a final close of $700m by September.
The mid-market private investment firm has bought Fuerst Day Lawson in partnership with the latter's chief executive, Mac Mardi.
The agribusiness-focused fund has financed American Botanicals' purchase of fungi producer Aloha Medicinals.
ZeaKal will use the money to begin testing on genetically modified soy with potentially enhanced photosynthetic abilities.
The sorghum seed developer, backed by MassMutual's Wood Creek Capital, is betting on water scarcity to drive demand for speciality varieties of sorghum.