Permanent Crops

Sembrador says it has a commitment from IDB and expects one from the Colombian government.

Top farmland investment and management professionals talk row crops vs permanent crops and buy-and-lease versus own-and-operate at the Agri Investor Forum 2015 in Chicago.

David Garner sees big potential in bringing together high margin crops, underutilised land and individual investors.

New York growth equity firm Stripes Group invests $50m in California fruit farmer Sun Pacific’s fast-growing almond milk and natural drinks line Califia Farms.

Gladstone has plans to transform the 850 acre land, which is currently used to grow wine grapes, into an almond orchard.

The property comprises 1067 hectares of mature almond groves that are owned by Macquarie Farm Assets and Resources Management.

The firm is targeting PE groups focused on large-scale agribusinesses, impact funds and family offices as it sets its sights on sustainable cacao.

Sherpa Asset Management is selling the pistachio and almond farm near Fresno for around $26m.

Sherpa Asset Management's agri investment arm will soon close on around $40m of commitments across two projects in Colombia and Peru.

The new farm is expected to have an annual rental income of 8 to 10 percent of the purchase price and it is the first permanent crop farm the REIT has acquired.