The purchase of a 3,500-ton facility follows the acquisitions of two similar elevators in Canada and marks the start of Pipeline Foods’ efforts to assemble a supply chain for organic grains and oils.
The acquisition of Australia's Palgrove Stud brings the sovereign fund's land portfolio to 33 farms worth $215m.
The farmland REIT paid nearly $1m for a 1,280 acre add-on to the hay growing operations of an existing tenant.
The vehicle will seek low-teen returns through investments in farmland and processing assets devoted to sustainable production of tree nuts, citrus and blueberries.
The asset class sits in the middle of overall real assets performance for the $62bn pension, avoiding the dismal fate of energy but falling well short of infrastructure’s stellar IRRs.
The agriculture IoT start-up has raised fresh funds from Tencent and Syngenta Ventures, an existing investor.
The Australia-focused investment and farm management company’s decision to sell brings one of the country’s largest irrigated properties to market.
The $74bn pension has entrusted AgIs Capital with $150m earmarked for US farmland, its fifth commitment to agriculture and timberland.
The palm oil giant hopes to tap a market set to grow to $16bn by 2021 as it opens a second plant in partnership with Spain’s Cepsa.
Kaingaroa Timberlands, NZ Super's largest single asset, helped it achieve a double-digit return in 2016-17. Does that mean the sovereign fund is in an acquisitive mood again?