Permanent Crops

The deal comprises 3,519 aggregate acres of irrigated cropland in California and Florida, for approximately $35 million.

The New Mexico Educational Retirement Board’s Mark Canavan wants to increase the pension’s commitment to Blue Road Capital after first approving the fund in December. A previous commitment to New Zealand dairy fund Southern Pastures was cancelled.

The farmland REIT has entered into a lease with existing operator Wish Farms.

Rural Funds Group, the ASX-listed farmland REIT, raised the capital through a placement with new and existing investors. It also launched a $7.5m entitlement offer for existing investors.

Select Harvests wants expressions of interest from long-term investors to enter into a sale-and-leaseback arrangement on over 5,000 acres of underdeveloped orchards.

The listed Australian farmland REIT has entered into a 22-year lease with Olam Orchards, on land it is converting from grazing and cotton.

The US private equity fund has closed on $250m.

The Harvest Fund will invest into listed securities in the food and alcohol industry.

The Australian agriculture manager is targeting institutional investors for its diversified fund offering.

Chiquita's acceptance of a $1.3bn takeover bid by a Brazilian partnership sparked some debate about its impact on the wider agri investment market.