PSP Investments has been doubling down on capital commitments in Australia’s ag sector – and particularly in almonds and water recently.
A Canadian pension fund has bought a huge parcel of Australian permanent water rights for $490M to irrigate almond trees, in a move that puts the spotlight on foreign ownership of farms and water resources as drought ravages the country.
A century of ever-increasing farm size and land concentration is now leading Canada into a new era of speculation on farmland -- one where private companies not traditionally involved in agriculture are acquiring tracks of land.
- Rabble.ca
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27 November 2019
Canada’s Public Sector Pension Investment Board has made another move to deepen its presence in Australian agriculture, taking full ownership of the largest irrigated farmer in Australia.
Canadian fund manager PSP Investments, a public service pension fund, has put in an offer for Australia's Webster farms, including their water entitlements, that values the diversified agribusiness at $854 million
- N Queensland Register
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03 October 2019
One of Canada’s largest pension funds acquires majority stake in Australian company that owns 44,167 ha of arable land, as well as significant grain storage, fertilizer, agronomy, livestock, farming and logistics businesses.
- Mirage News
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15 January 2019
Through a joint venture with California-based agricultural firm Pomona Farming, the Public Sector Pension Investment Board of Canada is buying about 165 square kilometres of land to diversify into GMO-free farms.
- Benefits Canada
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21 December 2018
A group of Riverina farmers is demanding answers from the federal government over the sale of BFB, a large diversified agribusiness in Temora, which is being sold by a US private equity investor to a Canadian pension fund.
Canada's Public Sector Pension Investment Board, got a green light to buy a medium-sized New Zealand dairy farm and a neighbouring dairy support block in Canterbury for $17.7 million just ahead of tougher requirements on land sales to foreign buyers.
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.
One of Canada’s biggest pension funds has teamed up with management of Australia’s largest pecan grower and processor, Stahmann Farms Enterprises.
Montreal-based Fiera Capital Corp. is taking the next step in its aggressive expansion plans that include adding agriculture and private equity to its current asset class offerings.