The farmland REIT paid nearly $10m for the property, which is to be operated under a six-year lease to an Ohio-headquartered cabbage grower.
Tag Archives | buy and lease
TIAA raising European farmland-focused fund
The fund is being raised by TIAA-affiliate Westchester Group and will initially focus on investments in Poland.
Summit Agriculture Group raising third farmland fund
The $60m vehicle is the third farmland fund from the Iowa-based firm, which is also active in pork and Brazilian ethanol.
USDA sponsors farmland financialization study
The two-year study will result in an informational bulletin and policy brief designed to encourage novel land access and tenure security for small and medium-sized US farmers.
Ingham’s to invest over $50m in regional expansion
The poultry producer’s Western Australian expansion will involve relocating existing facilities and selling 40 hectares of land in Wanneroo.
Capitaline nets $22m in open-ended farmland fund
The South Dakota-based private equity firm is targeting Midwest rowcrop farmland investments on behalf of high-net-worth individuals and family offices.
Otway portfolio could fetch $11m: CBRE
The location of the 24 properties in prime agricultural country, along with a yield of around 5 percent and the potential to generate carbon credits is attracting financial investors first and foremost.
Milltrust acquires Cottrell Farms
Milltrust Agricultural Investments has made its first acquisition through its MAI Australia Buy & Lease Fund, a vehicle it launched in June 2016 with the backing of UK institutional investors.
Gladstone purchases Colorado pastureland
The acquisition of a 16,595-acre farm in southeast Colorado expands the REIT’s presence in hay production following purchase of its first such property last year.
Oregon PERF commits $100m to Homestead Farmland Fund II
The $69bn pension fund’s commitment constitutes a quarter of the capital allocated to the $400m vehicle.