Permanent Crops

Following the sale of ‘Project Avomond’, Folium will transition from development manager to operating manager for the remaining assets in Agriculture Fund I.

Munich RE Group asset manager MEAG has built up a €500m farmland portfolio for the insurer through a disciplined upstream approach.

The financial services firm is aiming to build a loan book worth more than A$1bn over the next five years.

The ANREV Australian Farmland Index recorded its lowest annualized return to date as returns fell below zero for the first time.

The firm had wanted an olive oil business in its portfolio since 2017 but could never find an asset with the right combination of attributes until last year’s acquisition.

The company is a grower and packer of conventional and organic fresh produce such as potatoes, herbs and citrus fruits.

The Canadian asset manager seeks to combine global opportunities with local partnerships as it builds a diversified portfolio, having built a large portfolio in Western Australia.

The firm’s Regenerate European Sustainable Agriculture Fund received a €150m commitment from M&G Investment’s Catalyst strategy in 2023.

The Australian wine company expects the recapitalization to bolster its growth in a market that has proven challenging in recent years.

Income growth remained negative for only the second time since the 2015 inception of the Australian Farmland Index, as lower commodity prices and climatic changes have an impact.