With very low interest rates having taken root across asset classes and investors abiding in their hunt for higher yields, the world’s largest manager of global farmland, Nuveen, says the season may be ripe for a strategic allocation to the $2.3 trillion market for U.S. farm real estate.
- INvestable Universe
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31 October 2019
Altamiran Ribeiro, a Brazilian land rights activist, told an audience at John Hopkins University about the land takeovers on behalf of corporations in Brazil and the long-term consequences on local communities and the environment.
- John Hopkins Newsletter
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25 October 2019
Satellite maps show the connection between Harvard and TIAA's farmland acquisitions in Brazil's Cerrado and the massive number of fires that have been burning in the region since July of this year.
- FOE US, GRAIN,NFFC, Rede Social
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22 October 2019
Europe’s biggest pension fund manager is set to expand its Asia portfolio "primarily with additions of co-investments, joint-ventures and investor-led platforms with a focus on farmland and timberland".
- Asian Investor
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21 October 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
The Vermont Pension Investment Committee has invested $100 million in the Nuveen Global Farmland Fund, which aims to make farmland acquisitions averaging $20m across the US, Australia, New Zealand, Brazil, Poland, Romania and Chile.
- PI Online
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02 October 2019
Auditors wrote down the value of Harvard's Brazil farm project by about $200 million after the endowment decided to exit the development in 2017, according to documents filed in a lawsuit.
- Bloomberg
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24 September 2019
New investigation by Global Witness uncovers more than 300 banks and investors back six of the world’s most harmful agribusinesses to the tune of $44bn.
- Global Witness
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23 September 2019
Global Witness exposes how more than 300 banks and investors back six of the world’s most harmful agribusinesses to the tune of $44bn
- Global Witness
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23 September 2019
BPL, the Dutch pension fund for the Netherland’s agricultural and green sectors, is planning to divest its stake in Fagoed, a €140 million fund invested in agricultural land.
The shameful story of how 1 million black families have been ripped from their farms. A war waged by deed of title has dispossessed 98 percent of black agricultural landowners in America.
- The Atlantic
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12 August 2019
NGOs have filed a complaint at the OECD against the Dutch bank ING Group regarding its financing of oil palm companies involved in deforestation (Noble Group), land grabbing (Bolloré Group/Socfin) and child labor (Wilmar International).
- Milieudefense
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05 July 2019
According to asset managers, a window is emerging for institutional money to flow into agriculture due to change of ownership, notably in markets such as Australia and the US.
Multi-million pound corporations with complex structures have purchased the very ground we walk on – and we are only just beginning to discover the damage it is doing to Britain.
Little of the 5 million acres [2.02 million hectares] that Sudan's agriculture ministry estimates are in foreign hands—perhaps less than 1 in 20 acres—has been cultivated.
Norway’s US$1 trillion sovereign wealth fund, the world’s largest, has pulled out of more than 33 palm oil companies over deforestation risks over the last seven years
The Ontario Teachers’ Pension Plan has acquired Broetje Orchards, one of the largest privately-owned apple orchard operations in the U.S.
The Russian government has actively supported foreign investment in Siberian agriculture, making 1 million hectares of arable land in the Far Eastern Federal District available to foreign buyers
- The Diplomat
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12 February 2019
According to the USDA, the following countries are home to the largest holders of US cropland: Canada, Germany, the UK and the Netherlands.
- Successful Farming
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05 February 2019
New Jersey’s $70 billion public-employee pension manager, the New Jersey State Investment Council, has agreed to commit $100 million in Homestead Capital’s third farmland fund.
TRSL has also expanded another of its separate accounts held with Hancock Agricultural Investment Group by $25 million, focusing on farmland in the US and Australia.
Harvard University, the US pension fund manager TIAA/Nuveen and Japan's Mitsui are among the foreign companies buying up Brazilian farmlands that are responsible for over 420,000 ha of deforestation in the Cerrado since 2000.
La magnitud de este fenómeno de apropiación de tierras agrícolas por parte de las financieras tiene importantes consecuencias tanto para las comunidades rurales como para los sistemas alimentarios.
South Africa's Karan family accepted a R5.2bn offer for its cattle feedlot from a South African pension fund over a R6bn offer from Chinese investors who wanted to export all of its meat
- Bloomberg
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29 November 2018
The BFB sale has raised concerns that even if local bidders are able to raise the cash required for these deals, they’re not able to compete with the vast resources and track records of international players.
- The Land
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21 November 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.
Depuis une dizaine d’années, l’argent des fonds de pension alimente un énorme investissement dans les terres agricoles. Le nombre de fonds de pension investissant dans les terres agricoles et les sommes d’argent déployées à cette fin sont en augmentation, mais tout se fait discrètement.
Money from pension funds has fuelled the financial sector's massive move into farmland investing over the past decade. The number of pension funds involved in farmland investment and the amount of money they are deploying into it is increasing, under the radar.
According to its latest investment report, the Jaguar Pension Plan placed $16.5m in an agriculture fund managed by Boston-based Folium Capital
- Pensions Expert
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04 November 2018