Home Buy and lease

buy and lease

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.

Peoples Company adds Michigan appraisal firm to growing network

The deal will give Value Midwest clients access to Peoples Company’s brokerage, land management and investment services.
Rural Funds Management's Cobrunga cattle property in Victoria

Rural Funds Management buys first cattle property in Victoria

The manager of ASX-listed Rural Funds Group has purchased Cobrunga, its third pastoral property acquisition and fourth overall since concluding a A$104m entitlement offer in August 2018.

Equilibrium unit buys US greenhouse for $11.3m

Senior principal Tom Amis tells Agri Investor that Revol Greens, the seller in the sale/leaseback transaction, has seen a spike in demand for greenhouse-grown produce following a recent E. coli outbreak traced to California lettuce.

AAM Investment Group buys Australian property to create mega prawn farm

Aquaculture firm Seafarms Group novated its option to buy Legune Station in the Northern Territory to AAM but signed a lease to continue developing Project Sea Dragon.

NCREIF: Income drives modest Q3 farmland return

Though a spike in Southeast appreciation raised questions for many, market participants tell us the report generally accurately reflects current conditions across US farmland markets.

PSP purchases Australian vineyard through Blue Sky partnership

The Canadian pension made the investment through its strategic tie-up with the embattled fund manager, securing the asset from a Singaporean vendor on a sale-and-leaseback deal.
agri
agri

Copyright PEI Media

Not for publication, email or dissemination