Hedge fund billionaire George Soros made a fortune betting against the British pound in 1992 and was accused of doing the same against the Thai baht and the Malaysian ringitt in 1997. Today Soros is making a killing buying and selling farmland in South America.
- CorpWatch
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16 January 2013
Adecoagro realised more of the substantial gains within its 283,000-hectare landbank by selling one of its Argentine farms in a deal valuing it at 11 times the purchase price a decade ago.
- Agrimoney
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04 January 2013
Adecoagro, the South American farm operator backed by George Soros and Dwight Anderson, said that growth in the value of its huge land portfolio slowed to 5.6%, fuelling concerns over the impact of Argentine curbs on foreign investors.
- Agrimoney
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14 November 2012
Adecoagro, which owns nearly 300,000 hectares of land in Argentina, Brazil and Uruguay, said it had sold its San Jose site for $1,212 per hectare, compared with a purchase price of $85 per hectare in 2002.
Adecoagro, the agricultural company that counts George Soros as its biggest investor, is giving potential buyers the chance to get a hold of farms in Brazil and Argentina at a 36 percent discount to its net assets.
Fertile soil and good water supply – but lagging development – present a compelling opportunity for agriculture investors, finds Stephanie Schwartz-Driver
Lo hizo a través del fondo de inversión Adecoagro, que cuenta con emprendimientos agrícolas y agroindustriales en prácticamente toda Sudamérica. En Santiago del Estero ya tenía campos en el departamento Belgrano, donde produce oleaginosas y cereales. El valor de la hectárea en esa zona ronda los 7 mil dólares.
- El Liberal
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23 December 2011
Argentina has joined a handful of other big farming nations such as Brazil that have taken steps to limit foreign ownership of what their governments consider precious resources: farmland.
- Wall Street Journal
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23 December 2011
Adecoagro announced today that on November 30, 2011, it completed the sale of "La Alegria" farm, located in General Villegas, province of Buenos Aires, Argentina, for a total price of $13.7 million.
- Adecoagro
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01 December 2011
Adecoagro SA, the South American farm venture backed by billionaire George Soros, pulled out of a project to build a dam and grow rice in Argentina after the government said the development may harm the environment.
- Bloomberg
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15 September 2011
Agrifirma, a private investment company backed by financier Lord Rothschild, transferred around half of its assets to a new joint venture with Brazilian private equity firm BRZ Investimentos.
- Market Watch
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13 September 2011
Su firma Adecoagro sumó un campo en Santiago