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The REIT, which now owns 48 farms, continues to focus on high-margin horticultural crops with the 400 acre acquisition.

AP1, one of the LPs backing the fund, said 'water scarcity and water treatment issues are cornerstones of AP1’s resource efficiency-focused sustainability strategy'.

The Prudential spin-out is looking for another agriculture and food-related asset after selling grain and seed infrastructure business Cimbria for a 3.3x return.

VGI Partners, which manages investments for family offices, high net worths and endowments, said it wanted to use the bid to force change at Brisbane Markets.

The €40m Enterprise Innovation Fund is targeting technology start-ups in the Western Balkans with potential to expand internationally.

The investment in Phoon Huat comes a year after SCPE ploughed $52m into restaurant chain Crystal Jade Group Holdings.

Growth in the US organic market needs to be backed by better access to seeds, according to the Organic Seed Alliance.

The NZ$30bn superannuation fund says there is a 'shortage of good investment opportunities' and it is taking on less risk than a year ago.

The firm's first fund is now 80 percent invested, having bought a series of agribusinesses companies and consolidated them.

The World Bank is financing a $125m programme to increase high value crop production in Sri Lanka.