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Hassad will invest in one of MIRA’s ag portfolios as part of the deal in a shift in strategy for the Qatar-backed group.
The national crop is forecast to be 9% below the 20-year average despite a strong showing from Western Australia.
The farmland REIT’s latest acquisition marks an expansion into a new region of Florida, a state second only to California within its $560m property portfolio.
As it strives to become a more diversified logistics provider, 114-year-old Maersk hopes to learn from entrepreneurs by becoming a 'credible' investor, says Maersk Growth venture partner Peter Votkjaer Jorgensen.
After closing a $300m debut fund last summer, the acquisition of Universal Irrigation marks the third such deal for the West Coast midstream specialists.
The manager of ASX-listed Rural Funds Group has bought cotton and cattle properties months after securing A$150m through an equity raise.
A raft of measures will come into effect following the new agreement, with livestock, citrus and dairy exporters set to benefit.
We toured three properties in Victoria, Australia, to see how a flexible approach can allow operators to seize unexpected opportunities to generate extra income.
Prices for both water entitlements and allocations are at record levels. Investors rejoice, but cotton, rice and dairy producers are feeling the squeeze.
The Qatari-backed operator has offloaded the aggregation as it continues to break up its 104,000-hectare portfolio.
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