Permanent Crops

Managing director Greg Richards tells Agri Investor that potential expansion of Fresh Innovations California could focus on the apple-growing regions of Michigan and New York.

Fifteen banks are backing the innovative scheme, which will allow the group to pay lower interest rates once it meets a set of ESG targets.

The market is bracing for a supply surge as the past decade’s plantings begin to bear fruit, an insider told us.

The group is getting close to being able to supply the fruit all year round after purchasing a facility in a fourth Australian region.

Backed by the Clean Energy Finance Corporation and other institutional investors, the 15-year vehicle will target both row and permanent crops across Australia.

Sheep and horticultural assets will be the hot-ticket items that continue to draw investor interest in Australian ag, the real estate firm predicts.

Shortly after acquiring a 6000-acre farm in Washington state, founder Craig Wichner says the case for listing Farmland LP’s second vehicle, for which it is seeking $150m, may become prevalent in the future.

The purchase of the 500-acre Mowbray Farm constitutes half of a partnership AC has established with the Diaco Family, that also includes plans for a greenfield fruit-processing facility.

Farmland performance is bouncing back, but not every asset is benefiting the same. We single out the winners in an interactive chart.

Nearly 90% of assets held by funds are now unlisted, with the notable entry of sovereign wealth funds targeting the entire value chain.