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The company hopes to cash in on the US craft beer explosion, by providing specialised local malts to small regional brewers.
The $32m deal widens the REIT's crop and geography exposure.
Agriculture has attracted more overall capital, with commitments funnelled into fewer funds.
Macri's pro-market rhetoric is drawing interest in the country's fertile agri sector, but cash could be slow to follow.
Executive says sustainable grazing can boost profits and revitalise underperforming pastureland.
Maine Public Employees’ Retirement System will commit to the newly-created joint venture between Plum Creek and Silver Creek.
The addition is the first since being taken over by Arlon Group's North America-focused food and agri fund.
The New York Stock Exchange-listed REIT expects the acquisition to boost annual revenues by $6m.
The new additions bring on-the-ground PE experience in Africa and knowledge of large-scale deal execution.
The publicly-traded REIT has made a series of acquisitions since the beginning of the quarter.