New Zealand

The Development Bank of Japan annonces investment in fund that will pursue a diversified portfolio of high-quality food and agriculture investments in targeted regions across Australia and New Zealand.

For Minneapolis-based Proterra Investment Partners, the sale represents a second lucrative exit in its agricultural funds, after it sold a 22,386-hectare cropping portfolio in Victoria and South Australia last year.

The $8.7 billion Sydney-based global investor and manager of nature-based property assets has formed New Agriculture to build a much bigger portfolio of agriculture assets.

Milltrust Agricultural Investments, which owns farmlands in Australia and New Zealand, has been acquired by UK-based Future Planet Capital.

Two Dutch insurance companies have invested in a fund buying farmland in Australia, Denmark, Portugal, New Zealand, and the US.

An Auckland property developer is involved in a company linked to carrying out deforestation in Indonesia, where virgin rainforest is being bulldozed to grow palm oil plantations.

Dairy giant Fonterra has sold two joint venture farms in China to Singapore-based AustAsia Investment Holdings for US$115.5m.

Perusahaan PT. Digoel Agri Group yang sebagian besar modalnya dimiliki pemodal asal New Zealand bernama Neville Christopher diduga melakukan land clearing, penggusuran dan penggundulan hutan untuk pengembangan usaha perkebunan kelapa sawit di Kab. Boven Digoel tanpa ijin.

Fonterra has completed the sale of its two wholly owned farming hubs in China where it will now focus on creating value from its New Zealand farmers’ milk

A first €20m has already been invested in olive orchards in Portugal, with possible investments in Danish organic vegetable farming, American potatoes, barley and wheat as well as kiwi fruit in New Zealand.

China Youran Dairy Group will purchase two Fonterra farming-hubs located in Ying and Yutian for NZ$513 million, while Beijing Sanyuan Venture Capital is set to acquire an 85% stake in the Hangu farm.

In a rare rejection of New Zealand's Overseas Investment Office application, Canadians have been barred from buying more than 4500ha of South Island farmland.