Crops

Integrated NSW beef and cropping enterprise will be subject to an EOI campaign in October, allowing foreign capital to make a bid.

The Brisbane-based firm, which was part of a failed Chinese-led bid for S Kidman & Co, has seen ‘continuing interest’ from investors in unlisted assets.

The latest NCREIF Australian Farmland Index, which splits annual and permanent cropland for the first time, shows ag returns Down Under continuing to outperform the US.

The NASDAQ-listed farmland REIT says it hopes the $7m deal will be the first of many in a region well-suited to benefit from growing demand for healthy produce.

Hassad will invest in one of MIRA’s ag portfolios as part of the deal in a shift in strategy for the Qatar-backed group.

The national crop is forecast to be 9% below the 20-year average despite a strong showing from Western Australia.

The farmland REIT’s latest acquisition marks an expansion into a new region of Florida, a state second only to California within its $560m property portfolio.

As it strives to become a more diversified logistics provider, 114-year-old Maersk hopes to learn from entrepreneurs by becoming a 'credible' investor, says Maersk Growth venture partner Peter Votkjaer Jorgensen.

After closing a $300m debut fund last summer, the acquisition of Universal Irrigation marks the third such deal for the West Coast midstream specialists.

The manager of ASX-listed Rural Funds Group has bought cotton and cattle properties months after securing A$150m through an equity raise.