Daniel Kemp

Expected to attract institutional investor interest, the transaction could value Riverina cropping enterprise BFB at up to A$400m, Agri Investor understands.

Interim MD Kim Morison expresses disappointment at how the real assets division, which he previously headed, has been ‘hijacked’ by poor investments in the firm's other business units.

We toured three properties in Victoria, Australia, to see how a flexible approach can allow operators to seize unexpected opportunities to generate extra income.

Prices for both water entitlements and allocations are at record levels. Investors rejoice, but cotton, rice and dairy producers are feeling the squeeze.

The Qatari-backed operator has offloaded the aggregation as it continues to break up its 104,000-hectare portfolio.

The NZ Overseas Investment Office has cleared the sale of Nelson Forests to OneFortyOne Plantations, a deal that was first agreed in December 2017.

The Aussie superfund’s solo bid beat a joint offer from MIRA and Sunsuper, with Cbus dropping out of the process.

The mixed-farming aggregation near Mudgee comes with a significant water allocation, helping alleviate drought conditions.

The Canadian pension also becomes Webster’s largest shareholder as part of the transaction, acquiring a 19.15% stake in the company.

The sovereign-backed firm is breaking up its portfolio of more than 104,000 hectares, with Macquarie’s Lawson Grains poised to take on some Western Australian assets.