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Land Investment Monthly - October 2018

October 2, 2018 - Steve Bruere
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Martha Stewart to speak at Iowa Land Investment Expo in January

Martha Stewart is coming to Des Moines in January. The businesswoman and domestic guru will be the keynote speaker for the Land Investment Expo on Jan. 25, 2019, at the Iowa Events Center in Des Moines.

The event is hosted by Clive-based Peoples Company, a land brokerage management, investment and appraisal company. Read More

 

International Farming Corporation to raise initial $1.5bn for core fund

International Farming Corporation (IFC) is planning an initial $1.5bn (€1.23bn) capital raise for an open-ended US farmland fund, according to an investor.

Washington State Investment Board (WSIB) told IPE Real Assets that it will be seeking approval at a board meeting to invest up to $250m in the IFC Core Farmland Fund. Read More

 

Here is President Ramaphosa’s land reform dream team

President Cyril Ramaphosa has announced the creation an advisory panel to assist with the on-going land reform debate.

The announcement was made during the president’s much anticipated economic stimulus package reveal, which has been devised to rejuvenate South Africa’s ailing financial standing. Ramaphosa highlighted agricultural development and reform as one of the government’s priorities. Read More

 

Everyone agrees the country needs new farmers. Trouble is, they can’t afford the land

Nearly 100 million acres of U.S. farmland will change hands in the next few years, but most of it will go to investors and developers. Now, two online tools aim to help a new generation of farmers find land and demystify the cost of owning it. Read More

 

Carolinas Farms Could Take Billions in Losses From Florence

Hurricane Florence is testing the resolve of farmers in the Carolinas, who could face billions of dollars in agricultural damage while still feeling the sting from Hurricane Matthew almost two years ago.

After last weekend's high winds and rain that was measured in feet, followed by this week's rising rivers and standing water in fields, early farm reports are confirming pre-storm worries about losses to tobacco, cotton and corn crops. North Carolina industry leaders remain anxious about whether sweet potatoes and peanuts — grown beneath the soil and susceptible to flooding — will suffer greatly as well. Read More

 

Zimbabwe’s leader says he offers Trump land for golf course

Zimbabwe’s leader says he is willing to offer land to President Donald Trump to build a golf course in a national park teeming with wildlife.

President Emmerson Mnangagwa was speaking to a New York investors’ forum ahead of his first address to a United Nations annual gathering of world leaders this week.

Mnangagwa said he made the offer to Trump staffers earlier this year at the World Economic Forum in Switzerland, pitching land in the tourist town of Victoria Falls. Trump is a keen golfer. Read More

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