Permanent Crops

The Australian Farmland Index for Q4 2021 shows that annual farmland continues to outperform permanent cropping, but returns for both have remained solid at 7.22%

The firm re-opened the vehicle in 2020 due to LP demand for exposure to New Zealand’s horticultural products, exports of which have grown by around 7% per annum in the past two decades.

Non-bank lender Thera Capital Management has secured two-thirds of its commitments from outside Australia, gaining traction among investors thanks to ag’s defensive characteristics and ESG themes.

Managing director David Bryant says the firm was in discussions with institutional investors over potentially leasing its macadamia orchards in Queensland.

Sandmount Farms, built by goFARM over several years and prepared for further development, is likely to sell for more than A$250m.

AAM will develop the Keep Plains site and expand the Ord River Irrigation Scheme over the next several years.

Annual farmland continues to strongly outperform permanent crops in the Australian Farmland Index, with strong commodity prices helping returns across the board.

The real estate investment trust has completed several permanent crop farmland acquisition deals in the second half of the year.

The vehicle will pursue timberland investments in Ireland and the Baltics as well as permanent crop opportunities in Spain and Portugal.

After several years of drought and record-high water prices, the outlook for irrigators in the Murray-Darling basin over the next 12 months is positive, say Aither's Chris Olszak and Erin Smith.