US Investment Firm Launches Farmland IPO on London Stock Exchange
US Investment Firm Launches Farmland IPO on London Stock Exchange
The Sustainable Farmland Trust is launching a public offering on the London Stock Exchange. Managed by the US-based investment firm International Farming, the Sustainable Farmland Trust seeks to raise £200 million. The company hopes to appeal to investors seeking a low-volatility asset to offset fears of inflation, war in the Ukraine, and more. This offering is considered the first farmland trust to list on the London market. The trust will invest 60 percent of the funds raised in an existing open-ended fund to seed a portfolio of assets. The remainder will be used to purchase individual assets. International Farming CIO Charlie McNairy said of the offering, “We believe that the long-term secular trends, rapidly changing farmer demographics, and inflationary economic environment make this a particularly attractive asset class for investors seeking inflation protection and portfolio diversification.” Read more HERE.