Despite Warnings, Offshore Investors Continue to Buy Australian Agricultural Land

The new venture will see a new investment vehicle, AP2, invest about $A241 million acquiring Australian farmland that will focus on grain production.

The company plans to “help meet global demand” with its Australian investments.

The AFR reports the new group is also seeking investment opportunities in Brazil and the United States.

The news comes as Hassad – the agricultural arm of the Qatari government – negotiates to buy five Victorian rural properties. Over the past year Hassad has invested more than $100 million in Australia on these kind of assets.

 

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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