Crops

OTPP’s AustOn will manage the new entity, known as Pomona Valley, with input from the current owners of the orchards.

Ceres Partners founder and CEO Perry Vieth sets out the reasons for US row crop farmland’s resurgence and why investors should be optimistic about its future.

The Melbourne-based GP is targeting 10-12% returns for its new vehicle, building on the 2019 launch of its Diversified Agriculture Fund.

A presentation to the pension details PGIM Agricultural Finance & Investments’ plan to raise $600m from a small number of investors and add to an existing $400m farmland portfolio.

Agriculture showed ‘remarkable resilience’ as an asset class over 2020 as returns held relatively steady throughout the year.

The project could unlock investment in northern Australian cotton, seen as a potential growth industry by many producers.

A huge cropping portfolio has hit the market in Australia, which will provide an indication of the true level of institutional appetite for farmland.

103,006 ha portfolio is owned by investors in MIRA’s Macquarie Crop Partners, which is nearing the end of its 10-year term.

With goFARM, Primewest, MIRA and Roc Partners all either managing or vying for management of Vitalharvest Freehold Trust in the past 12 months, demand for Australian farmland assets remains high.

Brent Snow says Aware Super’s ag investments proved to be a useful diversifier in its infrastructure portfolio during the coronavirus pandemic.