A growing proposition
- Asia Asset Management
- 31 July 2017
Agribusiness represents a substantial opportunity as well as a priority or even a problem for investors in Asia
Agribusiness represents a substantial opportunity as well as a priority or even a problem for investors in Asia
Hassad Australia, a $469 million farming company and wholly owned subsidiary of Qatar’s sovereign wealth fund has sold the Clover Downs Station located in Queensland, Australia, to farmer Bill Zell for $27 million.
China has replaced the United States as the second-largest foreign owner of agricultural land in Australia. (The U.K. is No. 1.)
Industry Super Australia claims foreign investors are cherry-picking the best Australian farming investments.
Private-equity giant KKR nears $70 million deal for some of the endowment’s farm holdings, including 8,500 acres of dairy farms on the South Island of New Zealand
Legendary waterfront warrior Chris Corrigan could soon have one of the world’s top investors — Canada’s Public Sector Pension Investment Board — as the main shareholder in his Australian listed agricultural company, Webster Limited.
Chinese investors ramped up their investment in Australian agriculture last year, spending $1.2bn on farms and agribusinesses, a new report from KMPG and the University of Sydney has revealed.
Investment in Australia’s agricultural land has soared to $4.6 billion, with the bulk of that coming from the US.
One of Canada’s biggest pension funds has teamed up with management of Australia’s largest pecan grower and processor, Stahmann Farms Enterprises.
The New Zealand Superannuation Fund, which has bought up 21 local dairy farms as part of its push into rural land investment, is looking outside the dairy sector for its next foray, eyeing land used for beef and permanent crops and expansion into Australia.
China’s investment in Australian agribusiness has tripled in just a year as China strives to meet rising demand for high-quality food among its growing middle class. Major agribusiness deals included acquisition of the S Kidman & Co cattle empire and acquisition of Tasmanian dairy giant Van Dieman’s Land.
A coalition of environmental, human rights and family farm organizations delivered a letter with over 100,000 signatures to pension fund management company TIAA, expressing concerns over the company’s investments in farmland and palm oil.
MP Evans completes US$59m East Kalimantan acquisition
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Uganda, UAE companies close deals in key sectors
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