Farmer investment group fights to save family farms as big corporations buy Tasmanian land
- ABC
- 27 November 2021
Increased foreign ownership and corporatisation of agriculture makes farm ownership challenging for young families in Australia
Increased foreign ownership and corporatisation of agriculture makes farm ownership challenging for young families in Australia
Milltrust Agricultural Investments, which owns farmlands in Australia and New Zealand, has been acquired by UK-based Future Planet Capital.
US private equity firm Proterra Investment Partners, which owns significant farmland assets in Australia, says farmland investing is going strong, both among domestic and foreign investors
Cambodian families who were forcibly displaced by Phnom Penh Sugar Company have received a promised payment from Australia’s ANZ bank, which financed the sugar company from 2011-2014
A US institutional investor has awarded a US$50m mandate to Australian sustainable farmland manager Kilter Rural to invest in agriculture and water assets.
Van Dairy, formerly Moon Lake Investments and Van Diemens' Land Company before that, has attracted a lot of attention over its foreign ownership and farm operations.
Two Dutch insurance companies have invested in a fund buying farmland in Australia, Denmark, Portugal, New Zealand, and the US.
New Forests and Alberta Investment Management Corporation have agreed to buy Lawson Grains, which owns a 90,500 hectare agricultural land estate across New South Wales and Western Australia.
Australia’s second-biggest farmland investor has sold its Lawson Grains portfolio comprising 105,000 hectares of crop land in NSW and Western Australia to Sydney-based global forestry investment manager New Forests and Canada’s Alberta Investment Management Corporation.
Major Brazilian meatpacker Minerva Foods and part-owner Saudi Arabia's SALIC have bought two sheep-focused meat processors in Western Australia for almost $48 million with plans to expand their operations.
A controlling interest in the Murray River Land Trust Portfolio of about 15,000ha "owned, contracted and optioned land" near Strathmerton has been taken by a private equity firm.
Investment platform iPartners is pushing into the agricultural sector, launching a $20 million fund to acquire Australian farmland for protected koala habitat to generate returns through its use as a biodiversity offset.
The Vicuñas and the $9,000 sweater
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