Farmland Partners to Sell $289M of Agriculture Land to Farmland Reserve

Farmland Partners Inc. has announced its decision to sell farmland valued at $289 million to Farmland Reserve. This transaction is part of the company’s strategic plan to streamline its operations and enhance its focus on core assets. The sale will involve a substantial portion of its agricultural land holdings, allowing the company to generate significant capital. This move reflects a broader trend in the industry, where firms are increasingly seeking to optimize their portfolios and manage resources more effectively. Farmland Partners aims to utilize the proceeds from this sale to invest in future opportunities and strengthen its position in the market.