Daniel Kemp
The amount of agricultural land with some level of foreign ownership fell by just 0.3% in 2023, far less than the 10% fall seen in 2022.
The Kinbeachie Aggregation could be worth more than $65m, far more than PSP paid for it five years ago.
The Japanese institution will invest $20m for the stake, with Pollination looking to support Mizuho’s clients and mobilize capital for its projects and investments.
The event, backed by the Australian government, was something of a mixed bag – but did highlight how large the focus on nature-positive initiatives is becoming.
The SVG Ventures Sunrise Fund will make early-stage investments with a typical check size of $500,000-$1 million.
Among several appointments, Tyler Mayoras will step up to become managing director, food and beverage sector, with responsibilities including sourcing new investments.
Andrew Dyson, previously a senior adviser to CAM’s co-owner Pollination, will take up the role immediately.
The latest update to the ANREV Australian Farmland Index shows performance is still well below long-term averages – but it is that longer-term view that really matters.
Tokyo Gas will use the carbon credits generated by the fund to implement its decarbonization strategies.
The assets, known as the Alcheringa Aggregation, are located in Western Australia’s Wheatbelt region and are being sold following significant upgrade work.