Permanent Crops

Rural Funds Management will convert the sugar cane properties to macadamia orchards after acquiring them from local grower and processor MSF Sugar.

Australia’s competition watchdog proposes governance changes but recognizes the benefits of having private investors participating in water markets.

Income returns strengthened significantly despite the fall in capital returns, due to strong export demand for Australian products.

MIRA’s head of agriculture talks to Agri Investor about sustainable farming in the wake of covid-19, and provides an update on fund deployment and plans for a fourth fund.

The AgIS Farmland Club Fund will target gross IRR of 8-12% though up to 10 investments focused on permanent crops.

Homestead Capital Farmland Fund III had raised just over $400m by the end of 2019 and has a $600m target – the buy-and-lease strategy is expected to reach final close in June 2020.

Import and export restrictions, logistical delays and the spread of the virus itself are introducing new complexities to food supply chains, says Decernis chief executive Kevin Kenny.

The former Rifa Salutary and Paraway Pastoral Company CEO has left OTPP’s Australian arm to launch his own asset management firm, The Clearbrook Group.

With drought leading to record-high water prices in south-east Australia last year, investors have started to look north in search of returns – but there are huge barriers to overcome. Daniel Kemp investigates what efforts are being made to unlock the opportunities.

Managing director David Bryant flags future acquisitions in the cattle and macadamia sectors after property revenues grew by 22%.