Permanent Crops

Investors in the region include Climate Asset Management, Fiera Comox, PSP Investments and Ontario Teachers Pension Plan, among others.

The Dellapool acquisition sees GoFarm double down on its strategy of securing large volumes of water entitlements in the face of government buybacks.

The fund of funds manager has shifted gears for its second vehicle and now has a 20% allocation to real assets so it can get closer to land use transformation.

The acquisition of the Budwood Citrus aggregation marks Warakirri’s first exposure to New South Wales for the Diversified Agriculture Fund.

The vehicle has been rejigged into a permanent crop-only play and a separate fund will now execute the strategy’s planned forestry investments.

The senior director expects 2025 to bring an acceleration in irrigated agriculture, more deals arising from farming families exiting the industry and closer relationships with investors.

Robert Hanson says the company’s focus on premium wines matches well with recent consumption trends.

The country is not alone in observing subdued growth in farmland values and annual cropping outperforming its permanent counterpart, as these trends take hold in the US too.

Kempen portfolio manager Tim van den Pol says most of the growth will come through existing assets, with further acquisitions in new countries possible.

The Hort Innovation Venture Fund follows in the footsteps of Artesian’s A$50m partnership with the Grains Research and Development Corporation.