Daniel Kemp
The fund, which has invested in water rights and almonds through the Brisbane-based manager, is monitoring the situation due to potential reputational risk.
The A$50m asset is the first to be broken off from the company’s wider portfolio, which is still subject to a sale process.
The US firm has agreed to invest A$50m in the embattled Australian manager through a convertible loan note. Blue Sky says this is a positive move for the business – but investors probably need more convincing.
We catch up with New Forests chief executive David Brand as the firm starts to deploy its A$873m third fund dedicated to the region.
Integrated NSW beef and cropping enterprise will be subject to an EOI campaign in October, allowing foreign capital to make a bid.
New Zealand’s sovereign wealth fund has namechecked its 42% stake in Kaingaroa Timberlands as a strong performer in FY18.
The embattled Australian fund manager will use the capital for co-investments and leverage Oaktree's reputation with prospective LPs.
The Brisbane-based firm, which was part of a failed Chinese-led bid for S Kidman & Co, has seen ‘continuing interest’ from investors in unlisted assets.
The manager of RFG has acquired its third property in a month Down Under amid what it deems a positive outlook for cattle in the country.
The latest NCREIF Australian Farmland Index, which splits annual and permanent cropland for the first time, shows ag returns Down Under continuing to outperform the US.