News & Analysis

China and US hold biggest foreign stakes in Australian water

A new register for foreign interests has found China and the US each hold 1.9% of the total water entitlement on offer in Australia.

Keeping their heads above water

For both debt and equity providers, flooding in the US Midwest could provide opportunities to demonstrate the benefits institutional capital can offer.

Farmland Partners expects at least $37m in 2019 sales

FPI’s sales will focus on ‘the lower end of the cap-rate scale,’ says chief executive Paul Pittman.

Vintage Wine Estates acquires California vineyard

Chief executive Pat Roney says plans for the property include replanting its vineyard acres, residential development of certain parcels and consolidation with other of the firm’s wineries to utilize currently unused winemaking capacity.

Rabobank sells non-ag US banking unit for $2.1bn

The sale to Mechanics Bank underlines the Dutch lender’s redoubled focus on agriculture following a $369m Department of Justice settlement last year, says North American rural banking head Curt Hudnutt.

Abu Dhabi provides $272m agtech incentives to create ‘vibrant ecosystem’

Abu Dhabi Investment Office will provide the funding via a mix of cash and non-cash incentives over the next three years.

Milltrust builds dairy portfolio in New Zealand for buy-and-lease fund

Milltrust Agricultural Investments has taken a 24.9% stake in a new entity managing a portfolio of eight dairy farms across the North and South Islands.

Conservation Resource Partners seeks $500m for ag strategy

The historically timber-focused firm hired former Brookfield Asset Management director Stavros Koutsantonis this year as part of its expansion into conservation-focused agricultural investments.

Impact pressure is shaping ag markets

LP demands for climate-mitigating strategies and ESG hint at how the asset class might come into sharper focus.

Finistere hires ex-Bayer crop science R&D chief as CTO

Adrian Percy, who already advises two of the firm’s portfolio companies, expects regulatory pressure to provide opportunities for agtech investors.

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