Regal will also help raise funds for the Kilter Water Fund, while two of its directors will join Kilter’s board.
The sale is the latest move in an ongoing review following the announcement of the cooperative’s first ever annual loss in September 2018.
A market source tells Agri Investor the creation of the diversified Mahi Pono joint venture reflects the C$159bn pension’s strategy to develop between 20 and 25 platforms across agricultural regions and sub-sectors.
The Australian company, owned by Terra Firma, further sells down its portfolio in the $97m deal with the little-known investor.
MEPs demand clarity on the move, which has also been criticized by industry and investors, as UK secretary of state Michael Gove identifies gene editing as key for future farming.
The state government is privatising the digital functions of Landgate, excluding manual processing, to make the asset more attractive to investors.
With the conversion of rainforest into farmland likely to be a closely watched gauge of Brazil’s new administration, farmland investors active in the market will be challenged to carefully weigh near-term opportunities and long-term challenges.
Jeff Nicholson’s previous experience is focused on logistics in the pet supply industry.
SCRIPT has been enhanced to enable South East Asian banks better manage the negative environmental and social impacts of beef, soy, palm oil and seafood production.
The US-focused company has an option to increase its share to 51% in the Irish firm as it positions itself for growth in European markets.