UK-based DGC Asset Management has launched Vaccinium (UK) Ltd., a new farmland investment vehicle which will invest in highly productive farms in the U.S., Latin America, and Europe. Vaccinium has made an initial acquisition of 382 acres of grassland in Oregon which the company has developed into a technologically advanced blueberry farm over the past 18 months. As demand for food and the land on which to produce it continues to climb, DGC states that investors with exposure to well-managed farmland will be well positioned for the coming decade and will have control of one of the world’s most valuable assets that will not depreciate and will hedge against mainstream market fluctuations. David garner, Executive Director of Vaccinium states that after a year of researching different crops, ‘the blueberry market just made sense’. Vaccinium expects to deliver an IRR of approximately 15%.
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