Fruit

Annual cropping continue to strongly outperform permanent farmland in the Australian Farmland Index, although returns were still only slightly in positive territory.

Centuria has acquired Katunga Fresh’s glasshouse in Victoria through the unlisted Centuria Agriculture Fund.

China’s devastating wine tariffs, changing consumer preferences and an oversupply of grapes is forcing recapitalization and compensation plans.

Following the sale of ‘Project Avomond’, Folium will transition from development manager to operating manager for the remaining assets in Agriculture Fund I.

Los Angeles-headquartered Agrovision describes assets in a region of Peru transformed by a recent irrigation project as the flagship within a network providing year-round access to premium berries.

The company is a grower and packer of conventional and organic fresh produce such as potatoes, herbs and citrus fruits.

The deal to delist Costa Group now only requires the formality of Foreign Investment Review Board approval to complete, with the firm set to become a private company again after listing in 2015.

The developer’s latest acquisition in the Murray-Darling Basin includes a vineyard it wants to replace with almonds, and significant water entitlements.

The Canadian fund will merge Montague with its existing subsidiary Pomona Valley, which is managed by its Australian agriculture arm AustOn.

Warakirri Asset Management has purchased the seventh and eighth assets for its Diversified Agriculture Fund in a A$22m sale-and-leaseback deal.