Qantas Super, an Australian superannuation fund exclusively for Qantas Group, plans to invest A$200 million (US$130 million) in agriculture investor GO.FARM to transform underutilised agricultural land into horticultural projects in New South Wales’ Riverina, northern Victoria and other parts of Australia, according to media outlets.
“At Qantas Super, we’re committed to identifying investment opportunities that deliver strong financial returns to our members while aligning with our values of sustainability and responsible ownership,” says Andrew Spence, CIO at Qantas Super. “This investment with GO.FARM aligns with these objectives, providing access to high-quality investment opportunities that offer strong long-term returns.”
About A$150 million (US$98 million) has already been allocated to two GO.FARM assets: Riverina Trust and Sandmount Farms. This capital will convert more than 5,000 hectares of land with substantial water holdings into high-yielding, w