The Ontario Teachers' Pension Plan Board has bought Macquarie Group's owned and operated almond properties in the Sunraysia district of north-west Victoria for more than $115 million.

A large-scale agriculture project in Indonesia's southern Papua province has been relaunched, targeting 1.2 million hectares of indigenous land to develop rice farms over the next three years.

The law also intends to allow major investors to lease up to 30 percent of the state-owned farmland.

Chinese company's takeover of Australian farmland and firms draws mixed reaction from Australia ministers.

Iranian institute starts offshore food production in Kazakhstan and will soon expand to Ukraine and Ghana. It will also look into sourcing water supplies abroad.

The Ugandan Government has released a statement to disprove allegations levelled against Kenya’s Bidco Oil Company over land.

TIAA-CREF has closed its second global agriculture fund, TIAA-CREF Global Agriculture II, on $3 billion, exceeding its $2.5 billion target. The fund had raised $1.7 billion by mid-June.

Sweden’s AP2 and UK local authority funds are among the backers of a new $3bn global agriculture fund.

New TIAA-CREF fund will invest in “high quality farmland assets” across North America, South America, Australia and parts of Europe with a focus on major grain exporting regions.

New Hope Group announced last year it would invest $500m into Australian agribusiness, and its chairman Liu Yonghao revealed majority of the fund would support New Hope Dairy’s projects in Australia.

TIAA-CREF is expected to announce Tuesday that it has raised $3 billion for its second global farmland-investment partnership, exceeding its initial target of $2.5 billion.

Australia is facing $43 billion foreign farming frenzy by Chinese companies, spurred by mounting food security needs and a push to “go global.”