Permanent Crops

The Bunya Orchards acquisition clears the way for New Forests’ agriculture-focused subsidiary New Agriculture to pursue acquisitions for its debut fund once fundraising is complete.

With its Victoria and New South Wales orchards now mature, Cibus Capital is testing institutional appetite for its 1,000ha almond platform.

Westerra Capital co-founder Scott Porter says a retreat by generalist banks and demand for specialization has created space for a middle-market food and agriculture investment bank.

Frank Austin says the firm is pursuing a $500m regenerative and organic permanent crop strategy designed to deliver double-digit returns without relying on organic price premiums.

The $289m close marks the end of a challenging journey and the beginning of an integrated play that spans production processing and end markets.

The public pension fund is targeting commitments across non-core real assets in 2026.

Weight-loss drugs are changing eating habits in wealthy economies, say reports. But with population growth, rising emerging-market incomes and finite arable land, agriculture’s investment case is shifting – rather than shrinking – toward productivity and quality.

After nearly two decades of consolidation, Macquarie is preparing to take its flagship pastoral platform to market, betting that scale, operational integration and a seasoned management team will resonate with institutional investors seeking exposure to Australian agriculture.

A wave of major transactions from Duxton Water, Macquarie and GoFarm precede a review of the Murray-Darling Basin Plan that could have further implications for investors.

The Kingdom will anchor a permanent crop vehicle and a cold-chain infrastructure fund in pursuit of its goal, and could set fundraising records along the way.