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NCREIF: Australian farmland continues to outperform US but drought begins to bite

Land Down Under achieved total annual returns of 12.75%, compared with 6.87% in the US, according to the Australian Farmland Index.

The Nature Conservancy and Tiverton partner on ‘largest’ Australian conservation deal

The Nature Conservancy has partnered with a local ag manager to acquire the properties for A$55m in NSW.

Gunn Agri Partners to use climate data to target properties for A$350m cropland fund

The Sydney-based manager is leaning on climate-change research to pick properties and is ‘confident’ returns will beat more passive strategies.

Foreign ownership of Australian farmland dips slightly over 3-year period

Foreign Investment Review Board figures show the UK is the largest overseas holder of Australian farmland, followed by China.

Blue Sky loses key personnel from water team – exclusive

Investment directors Michael Blakeney and Nick Waters are leaving in a development that MD Kim Morison described as ‘disappointing.’
BFB portfolio

PSP buys majority stake in BFB from Proterra Investment Partners

The deal represents PSP’s latest major investment in Australian agriculture and has received FIRB approval.

Kilter Rural sells 50% stake to Regal Funds Management and launches A$250m farmland fund

Regal will also help raise funds for the Kilter Water Fund, while two of its directors will join Kilter’s board.

CPC divestment continues with sale of three cattle stations to Vietnamese group

The Australian company, owned by Terra Firma, further sells down its portfolio in the $97m deal with the little-known investor.

Outlook 2019: Australian Ag caught in US-China trade crossfire

Agriculture Down Under is an export-oriented industry, with around 25% going to China and a significant chunk also heading to the US, which means it faces being caught in the middle of tensions between the two superpowers.

Outlook 2019: Singling out Australian ag

The year ahead could see a shift in how some foreign investors seek to gain exposure to agriculture Down Under.

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