Permanent Crops

The fund manager has adapted its timberland strategy to farmland and has a partnership in place to receive payments for carbon and methane offsets.

The acquisitions have been made on behalf of an unnamed European client whom Craigmore expects to make further permanent crop acquisitions in NZ.

Significant water entitlements are on the table in the sale of Winlaton Farms – but GoFarm is more than happy to hold onto them as Australia’s buyback scheme may affect water values.

The Munich Re subsidiary has made the acquisition on behalf of an unnamed client that aims to pursue an agricultural growth strategy in the country.

Argyle Group will become a pure-play water rights investment manager under the Regal banner, sitting alongside Kitler Rural and Merricks Capital.

The MD of Laguna Bay likened a land tax on foreign investors in Queensland to ‘kicking own goals’ and said it had ruled them out of further investment in the state’s farmland.

With warm-climate wine on a downward spiral, GoFarm is pressing ahead with its strategy of redeveloping vineyards for horticultural use.

Rural Bank’s latest agricultural outlook report finds that emissions will be a key focus for Australian farmers, while elevated freight costs will have a mixed impact on exports.

Managing director Pier Luigi Rossi says his firm is working to consolidate in an Italian market many investors find ‘interesting but scary’ as it seeks $200m for Fund II.

Farmland LP’s Craig Wichner says lower prices, water regulation and debt exposure discouraged institutional participation in the auction of almond assets managed by Trinitas Farming before its bankruptcy.