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Peoples Company adds Michigan appraisal firm to growing network

The deal will give Value Midwest clients access to Peoples Company’s brokerage, land management and investment services.

PSP terminates strategic agreement with Blue Sky

The Canadian pension and the Brisbane-based fund manager have agreed to end their strategic partnership, covering some A$200m of assets.

IFC acquires Washington apple companies amid active market

Washington agronomist Stu Turner tells Agri Investor that a large apple crop in 2017 has helped financial investors play an increasingly active role in the state’s farmland market.

TRS Louisiana creates $100m AgIS separate account

AgIS founder and president Jeff Conrad told a conference audience last month that US pensions are increasingly viewing farmland as a permanent fixture of their asset mix.

Alaska Retirement boosts permanent crop target, opens to direct

ARMB real assets investment manager Nicholas Orr stresses row crops’ limited return potential in calling for changes to the pension’s $852m farmland portfolio.

Ag tech start-up SeeTree secures $15m funding

The firm will focus on developing artificial intelligence and drone technology to monitor citrus tree orchards health and productivity in California and Brazil.

Equilibrium unit buys US greenhouse for $11.3m

Senior principal Tom Amis tells Agri Investor that Revol Greens, the seller in the sale/leaseback transaction, has seen a spike in demand for greenhouse-grown produce following a recent E. coli outbreak traced to California lettuce.

Gladstone acquires California almond orchard for $8m

The purchase of the 761-acre property comes as USDA predicts record production of the nut.

Agri Investor Forum: Ag funds navigating shifts in LP sentiment

While the opening panel at our 2018 Forum in Chicago acknowledged such near-term headwinds facing managers as increased competition for fixed income, there was optimism for long-term growth.

Northern California draws in private capital in post-drought recovery

The 'very efficient' almond market and rising land values are probably among the factors that just prompted AgIS Capital to buy a 952-acre property for a reported $24m.
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