The Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV) has unveiled the findings of its first quarterly Australian Farmland Index. The index showed that returns were strong for managed Australian farmland investments in the third quarter of 2020.
On an annualized returns basis, total returns amounted to 12.35 percent in the third quarter 2020, down slightly from 12.81 percent in the previous quarter, while the income return totaled 7.07 percent, which represented a small decline compared with 8.79 percent in second quarter 2020. Despite this, capital growth saw a rise in annualized return of 4.96 percent, after six months of steady decline.
The ANREV Australia Farmland Index tracks the income and capital appreciation performance of 42 different farmland properties managed by some of Australia’s major agricultural asset managers with a market value over A$1.19 billion ($876 million), of which 72 percent by value are permanent horticultural crop
