MyFarm secure $71 million in productive land based assets which remain attractive in the current environment.
Despite current economic headwinds, investors have shown great interest in our recent offers. Over the last three months, MyFarm investors have taken up over $47 million worth of Units, which has secured $71 million in new assets covering four different primary sectors – SunGoldTM kiwifruit, Marlborough Sauvignon Blanc, permanent carbon forest, and a poultry production facility. Such was the interest in the permanent forest syndicate, it was formed directly with a limited group of investors and fully subscribed.
This level of interest shows that MyFarm offers are relevant. We really enjoyed catching up with so many of you at our recent Winter Gatherings across the country. The feedback we got at these events is that investors are looking for a number of things in the current climate:
- Productive, land based assets
- Steady income in uncertain times
- Inflation-resilience
- Potential to deliver if interest rates rise
- Tax efficiencies
- An investment with strong fundamentals (e.g strong sector, strong lease terms)
Investors have commented that our current investments tick a lot of these boxes, and in addition, give access to sectors or industries that have traditionally been hard to access.
