Warakirri Asset Management, a specialist agricultural asset manager based in Melbourne, has launched a new open-ended farmland fund, in order to take advantage of opportunities presented by the growing global demand for food and Australia’s part in the global food supply chain.
The Warakirri Farmland Fund will seek to buy, develop and own a diversified portfolio of investment-grade agricultural property for the primary purpose of leasing the assets to high-quality agricultural businesses as tenant partners, according to a fund document on Warakirri’s website. Target assets include horticulture (nuts and fruit), viticulture (wine and table grapes), water entitlements and selected row-crop farmland assets.
The mandate will build on Warakirri’s existing sustainability framework and will include strategies to measure, monitor and reduce energy
