Further Farmland Acquisitions during Q1 2018
Svendborg, Denmark, April 10th 2018, 10.30am – FarmCompany A/S, a sustainable farmland investment company, today released an operational update to its investment program.
During the first quarter of 2018, FarmCompany acquired two additional farms, adding 460 acres to its farmland portfolio under management, with gross assets increasing to nearly EUR 20 Million.
Commenting on the investment program, the Chairman of FarmCompany, Jens Ohnemus, expressed that “FarmCompany’s investment model has attracted interest among international investors who recognize the opportunity of investing in sustainable agricultural real assets in one of the most attractive countries in the world”. Mr. Ohnemus added that “FarmCompany’s carefully crafted farmland pipeline provides enough room to be selective and allows for rapid deployment of capital, which is an ideal scenario for our investors”.
Mr. Ohnemus mentioned that “Going forward, our strategy is to continue acquiring sustainable Danish farmland and to partner with local farmers, investing in improvements and infrastructure, increasing crop diversity and expanding revenue streams”. He then added that “Our ESG-focused (Environmental, Sustainable and Governance) investment strategy increases the land’s value, enhances the environment and enables the next generation of farmers to positively impact the agricultural world”.
About FarmCompany
FarmCompany is a sustainable farmland investment company, with the vision to become the premier Danish farmland company focused on the ownership of high quality farms and farm-related properties. The company holds an AA credit rating.