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Investors move in on farmland

Farmland prices staged a recovery in the second half of 2009 owing to a lack of available land and growing demand for stable investments, according to the Royal Institution of Chartered Surveyors.

Almost a third more chartered surveyors saw demand for commercial farmland rise rather than fall in the six months to December last year. This was up from 22 per cent in the previous half year, showing the growing appeal of land as an asset class. Demand is coming from investors who view farmland as a stable venture, said RICS.

(Source: www.ft.com, 18 Feb 2010)

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