Horticulture

The Warakirri Diversified Agriculture Fund now has exposure to nuts, viticulture, soft-leaf vegetables, agricultural infrastructure and citrus fruit across Australia.

The median price per hectare of Australian farmland has increased for the ninth consecutive year, with CAGR over that period of 11.5%.

Warakirri Asset Management was 2021’s runner-up for the Asia-Pacific Fund Manager of the Year award but takes home the top prize for 2022.

The figure for the total annualized return is up on the 10.32% percent recorded in Q3 as returns on a quarterly basis also registered an increase.

The vehicle has received backing from Farm Credit Canada and will target C$75 million.

PSP Investments has purchased assets owned by Macadamias Australia through its Australian nut platform Stahmann Webster, taking control of more than 1,000 ha of planted orchards.

Australian farmland recorded a ‘solid’ annualized return for Q3 2022, but returns on a quarterly basis fell to just 0.1% as both income and capital growth stall.

The asset manager has appointed a new COO and a horticulture general manager.

Riparian Capital Partners aims to incentivize more sustainable farming practices in the irrigated farming sector through its green water leases, provided via the Riparian Water Fund.

A confluence of events could lead to increased food scarcity in 2023, with knock-on effects for prices and an increase in the attractiveness of controlled environment production in hot countries.