Have $1 billion to invest? Buy agricultural land is Lord Andrew Hay’s advice
For a man with information on prime properties across the globe, Lord Andrew Hay can separate the wheat from the chaff. And that’s why the wish list of the global head of the residential division, Knight Frank, like many of today’s high-net-worth individuals (HNIs), involves investing in agricultural land. Security plans The regions that have found favour are Australia, Africa and South America, according to Hay. “We are losing 10 million hectares of productive land each year. There will be a food shortage…
Investment in Agriculture
Investment in agriculture and food has a wide priority for the global economy, comparable only to environmental issues. Analysing the sector in 2015, [1] McKinsey determined that, “if current trends continue, by 2050, caloric demand will increase by 70%, and crop demand for human consumption and animal feed will increase by at least 100%. At the same time, more resource constraints will emerge: for example, 40% of water demand in 2030 is unlikely to be met. Already, more than 20% of arable land is degraded”.…
