Crops

New Agriculture’s Bruce King and New Forests’ Mark Rogers discuss the new division’s strategy, what investors want from the asset class, and the potential blend of farmland and forestry into a single investment product.

Laguna Bay Fund 2 has raised all its capital to date from Washington State Investment Board and is targeting A$750m in total.

Capital growth of Australian farmland fell to 3.7% in Q2 2022, with permanent farmland seeing asset values fall on an annualized basis.

QIC, New Forests and Macquarie Asset Management are taking different approaches to the nascent asset class, but there are common themes.

The median price per hectare of Australian farmland increased by 27% in 2021, with a double-digit rise expected again in 2022 before a slowdown.

Helen Crowley, managing director at Pollination, outlines how the public and private sector need to work together to ensure the Nature Restoration Law proposals become a reality.

New Agriculture will be led by Bruce King, who joined the firm in 2022, and will manage the Lawson Grains portfolio it acquired in 2021.

CEFC’s investment will be used to help Paraway Pastoral Co achieve a target of cutting on-farm methane emissions by at least 30% by 2030.

Aqua-Spark and BASF invested in Sea6’s Series B, giving Tata Capital Innovations Fund a partial exit.

Horizon is an affiliate of Denver-headquartered Resource Land Holdings that sold vineyards in Washington and Oregon to the Nasdaq-listed REIT in a $37m deal last month.