Permanent Crops

The European firm has taken €150m from two Dutch insurance companies for the UN Sustainable Development Goals-aligned vehicle.

Carl Evers says increased water trading amid this year’s drought in California reflects the key role of sustainability in driving ag returns.

The $33bn pension will seek to add permanent crops to a $900m UBS-managed portfolio that includes assets previously managed by Hancock Natural Resource Group.

The ANREV Australian Farmland Index recorded strong capital appreciation in Q2 2021, with annual farmland continuing to outperform permanent farmland.

Farmland Opportunity president Jay Girotto says the full land market impact of recent ‘feast, then famine’ production dynamics in Pacific Northwest remains to seen.

The A$150bn Aware Super will sell the Lake Boga portfolio, a collection of assets previously owned by VicSuper pre-merger and managed by Kilter Rural.

Managing director Daniel Sachs says Monta Vista Farming Company forms the beginning of a vertical strategy focused on the midstream of the almond supply chain.

The water-hungry crop’s high-value returns have attracted investors but California’s need to manage its water supplies presents a challenge, says agribusiness investment veteran Shankar Athreya.

A collection of five properties being sold by European family office THF comes with significant water allocations that could allow for a change in land use.

Water allocation prices in the Murray-Darling Basin have reduced following a wet 2020-21 season – and the next 12 months are likely to see more of the same.