Farmland investment ‘to double’
Private investment in agriculture globally is expected to double to around $5bn (£3.12bn) to $7bn (£4.37bn) in two years, a farm consultancy executive said.
“What we are seeing right now is a lot of interest from institutional investors, private capital, pensions and endowment foundations to invest in real assets,” said Chris Erickson, managing director of farm consultancy HighQuest, based in Boston, Massachusetts.
“Farmland today globally provides a very interesting investment scenario,” he said at an industry seminar in Singapore. “Over the next couple of years you are looking at $5-7bn of investment in agriculture globally.” Erickson said, adding that the investment would be double that seen in the last two years.