Home Buy and lease

buy and lease

Gladstone expects up to $200m in 2019 acquisitions

David Gladstone says the NASDAQ-traded REIT’s pipeline of potential acquisitions is 'as strong as we’ve ever seen', as he hopes to get the company's farmland portfolio to $1bn in 2020.

Gladstone acquires pistachio property for $28.6m

California legislation of groundwater may be harming the value of such properties, says The Specialty Crop company’s Kevin Herman.

Saudi Agricultural and Livestock Investment Company confirms first Australian investment

SALIC has bought a large aggregation from the Nicoletti in a deal that also represents its investment into sheep production.

Institutions could turn to accumulating smaller tracts in Mid-South land markets

Availability of investment-grade farmland continues to be limited, says president of American Society of Farm Managers and Appraiser’s Mid-South chapter.

Milltrust builds dairy portfolio in New Zealand for buy-and-lease fund

Milltrust Agricultural Investments has taken a 24.9% stake in a new entity managing a portfolio of eight dairy farms across the North and South Islands.

Farmland rental platform nets $8.25m in Series A

Tillable co-founder Corbett Kull says the platform is already connecting growers and institutional landowners.

Hancock expects to re-open timber and farmland fund in 2019

The $706m Hancock Timberland and Farmland Fund has backed a number of acquisitions, say portfolio managers.

Stafford launches A$150m Australia-focused farmland fund

Stafford made its first farm acquisitions in the country in December, using a separate account, head of agriculture and food Jos Boeren told us.

LGIAsuper commits A$112m to Equilibrium’s glasshouse-focused US fund

The Brisbane-based superfund says its capital will back expansion at Houweling’s Group, which Equilibrium’s fund acquired a stake in earlier this month.

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.

Copyright PEI Media

Not for publication, email or dissemination