Home Farmland

farmland

Italy’s first ag fund targets double-digit returns

IDeA Agro has raised about two-thirds of its €100m target from a clutch of institutional investors. MD Gianandrea Perco tells Agri Investor why he thinks a successor fund could be much bigger.

Proterra ag firm puts $21m Australian properties on the block

One Tree Agriculture is offering the Goodiwindi aggregation for sale as a whole or in its three parts, making it a potential target for corporate or local buyers.

Exclusive: Dubai SWF plans US farmland splurge as second deal nears

A JV between the emirate’s Investment Corporation and Miami-based Optimum Agriculture is closing in on a $150m land acquisition after buying a 38,000-acre ranch in Florida.

Farmland Partners announces asset sales in wake of stock plunge

Chief executive Paul Pittman tells Agri Investor the sales are unconnected to a 40% drop in share value and remains opposed to divesting the REIT's portfolio in one block.

Iowa farmland: less leveraged, but still off-limits to corporates

The proportion of farmland held debt-free has jumped in recent years, but financial investors will likely be frustrated by a lack of political will to change restrictive laws.

Outstanding offer convinces Gladstone to sell $21m asset

The farmland REIT says selling the Oregon property to its current tenant will allow it to pocket a 20% IRR on its initial investment.

WATCH: OTPP’s David Goodfellow: ‘Less panic now that the Chinese are out’

The Canadian pension hopes to deploy $1bn into Australian ag, says the CEO of its local offshoot. Prices are heading south as restrictions on capital outflows in China herald a cooling off.

Engulfing agri

At a time when most Middle Eastern sovereigns are already hungry for farmland deals, geopolitical tensions are pushing Qatar’s state-backed fund into an even greater acquisitive mode. Should other investors fear the competition?

The US’s most productive farmland is shrinking

Tracts of agricultural land are being lost to urban development, says the American Farmland Trust. We canvassed the market to understand what investors can gain from targeting assets covered by conservation easements.

Qatar SWF goes shopping for farms abroad as blockade bites

The ag subsidiary of the Qatar Investment Authority, which already owns chunks of farmland in Australia, plans to invest $500m in Sudan by 2021. We take a look at the unit’s current holdings overseas.

Copyright PEI Media

Not for publication, email or dissemination