Daniel Kemp
Exports of Australian wine to China fell to A$8.1m in 2023 from $1.1bn three years earlier, as tariffs effectively removed the country as a trading partner.
Evidence from ANREV and Growth Farms suggests that growth in Australian farmland values may flatten or at least moderate over the next few years.
APG’s Ben Avery said the asset was a 'very high-quality plantation forestry resource' with significant potential to increase carbon sequestration.
Morrison & Co’s Steven Fitzgerald said the investment is consistent with its decarbonization thematic and ‘fundamentally’ has the characteristics of infrastructure.
Investors voted to wind up the fund due to the rise in farmland values since its launch, which have compressed rental yields and offer a chance to secure strong exit prices now.
The annualized return for Australian farmland to the end of June 2023 stood at 2.01%, comfortably the lowest figure since the Australian Farmland Index was launched in 2015.
Agri Investor visits Kilter Rural's seed asset in NSW to see how it will to transform a series of farms into carbon-positive and biodiverse natural capital assets.
Ontario Teachers’ Pension Plan will acquire KKR’s 49% stake in GreenCollar, with the latter’s workers set to share in the windfall through an employee ownership scheme.
The research body has found that farms with 'high natural capital' are more profitable in financial terms than those with more intensive farming operations.
Paine Schwartz Partners has reduced its takeover bid for ASX-listed Costa Group to A$3.20 per share, down from a previous bid of A$3.50, after Costa lowered its forecast earnings for H2 2023.