Report on the growing popularity of farmland investment in the developing world for European pension funds
- IPE Magazine
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01 July 2010
TIAA-CREF owns agricultural land in the US, Australia, Brazil and central and Eastern Europe, most of which is leased out.
Pension funds are deepening their commitment to farmland, upping investments by billions of dollars and moving to active strategies, as a hedge against potential inflation and to diversifty from riskier investments.
SilverStreet is scouting for commercial farms in five countries — Malawi, Mozambique, Tanzania, Uganda and Zambia.
- Institutional Investor
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04 June 2010
Brazilian farm companies are in a race of investments with every major company making new acquisitions and major capital investments.
- investinbrazil.biz
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01 June 2010
Karoll Capital Management, the country's largest landlord after the government, sees continuing prospects for farmland investment in Bulgaria
Vaughan-Smith and his team of seven professionals are scouting for commercial farms in five countries — Malawi, Mozambique, Tanzania, Uganda and Zambia — where conditions are deemed to be the most favorable.
- Institutional Investor
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28 May 2010
"The ONLY place where agriculture businesses and investors come together to discuss farmland investment" says the promoters
We believe that farmland, and agriculture generally, will shortly move beyond the ‘acceptable’ in the eyes of the world’s investment management community and become a core product.
In Brazil, El Tejar and others are investing in ownership and hope to capture land appreciation. BrasilAgro brags that it sold one farm for a gain of 116 percent in just 17 months.
Wall Street financiers now interested in channeling billions of new dollars into cropland include heavy hitters like UBS, Morgan Stanley and Rabobank.
Cargill and Bunge among firms setting up funds to buy farms in Asia and South America.
Mr Rosslenbroich is particularly enthusiastic about agriculture, where he says Aquila has “teams travelling the world looking for farms”, with New Zealand dairy farms a speciality.
- Financial Times
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02 May 2010
Agriculture is suddenly on every end investor’s radar, and many are dipping their toes in the water through pure farmland investment.
- Agriculture Outlook
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21 April 2010
European pension funds are investing in global farmland, with a focus on emerging markets. If political problems arise, “You'll have the World Bank on your side,” SilverStreet's chief investment officer said.
- Pensions & Investments
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19 April 2010
"The Chinese want a secure food supply, and they're coming into New Zealand to do that, by the look of it," a local farm union official says
Two South African asset management firms launched a 3 billion rand farmland investment fund on Wednesday that is expected to help boost agricultural development in Africa's biggest economy.
Investors are growing more bullish on U.S. farmland as softness in some sectors spurs increased competition for buying quality acres. Capital flow is increasing from overseas, in particular from Europe, Asia and the Middle East.
En Amérique latine, comme partout ailleurs dans le monde, les communautés subissent actuellement une nouvelle forme d’invasion de leur territoire.
Inversionistas extranjeros han acaparado en pocos años millones de hectáreas de tierras de cultivo en América Latina para producir cultivos alimentarios o agrocombustibles y exportarlos. Gran parte del dinero proviene de fondos de pensión, bancos, grupos de inversión privada de Europa y Estados Unidos, o de individuos acaudalados como George Soros, y fluye a través de mecanismos de inversión en tierras de cultivo puestos a operar mediante compañías extranjeras y locales.
An Observer investigation reveals how rich countries faced by a global food shortage now farm an area double the size of the UK to guarantee supplies for their citizens
Right now communities in Latin America, as around the world, are suffering a new kind of invasion of their territories
Listening to Susan Payne you could be forgiven for thinking land funds are a holy grail for the ethical investor: money-making opportunities with a sanctifying air of do-goodery.
- The Spectator
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13 February 2010
A UAE company is seeking a 98-year lease on vast tracts of farmland in Tanzania to grow rice in order to secure food supplies for the Gulf countries.
The fund is in the process of leasing 50,000 hectares of land in Tanzania which will be complete by the end of this year and will mainly be for rice production.
Sous l’œil bienveillant de l’ONU, les grands noms de la finance s’accaparent des régions agricoles entières.
- La Terre
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30 November 2009
Agribusiness and global investors are scooping up farmland. Are corporate farmers the new colonialists? asks BusinessWeek
- Business Week
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25 November 2009
Pension funds are seeking out agricultural and commodity-related assets that offer diversification from traditional asset classes and superior returns to listed equities.
- Global Pensions
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24 November 2009
The fervour with which foreign commercial interests are forcing their agricultural 'solutions' on the African continent represents nothing more than an established endeavour to protect profits and access to resources.
- Pambazuka
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05 November 2009
New code of conduct could limit aggressive moves by China, South Korea and Gulf states who have been buying vast tracts of agricultural land
- The Guardian
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02 November 2009