Permanent Crops

The AgIS Farmland Club Fund will target gross IRR of 8-12% though up to 10 investments focused on permanent crops.

Homestead Capital Farmland Fund III had raised just over $400m by the end of 2019 and has a $600m target – the buy-and-lease strategy is expected to reach final close in June 2020.

Import and export restrictions, logistical delays and the spread of the virus itself are introducing new complexities to food supply chains, says Decernis chief executive Kevin Kenny.

The former Rifa Salutary and Paraway Pastoral Company CEO has left OTPP’s Australian arm to launch his own asset management firm, The Clearbrook Group.

With drought leading to record-high water prices in south-east Australia last year, investors have started to look north in search of returns – but there are huge barriers to overcome. Daniel Kemp investigates what efforts are being made to unlock the opportunities.

Managing director David Bryant flags future acquisitions in the cattle and macadamia sectors after property revenues grew by 22%.

Justice Hammerschlag found that Bonitas Research and CEO Matthew Weichert had disseminated information that was ‘false in material particulars’ and ‘materially misleading’.

The annualized return to the end of September 2019 was 14.37% but continuing drought means that income returns are especially likely to fall further in upcoming quarters.

Three LPs have confirmed to Agri Investor they have made commitments totaling a combined $350m to a fund that launched in December.

The biggest risk to Australian almond yields is high water prices, but orchards Down Under will stay competitive as long as exchange rates remain favorable.