Farmland prices rebounding already, according to Knight Frank Farmland Index

Published ¤ 22/07/2009

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According to Knight Franks latest Farmland Index, the value of farmland is rebounding, despite the recession. As such, investments in farmland are also increasing.

Key highlights of the report are:

  • English farmland values rose by 3.1% in the second quarter of 2009 following three consecutive quarters of falling prices
  • The average price of farmland is now ?4820/acre - 5.5% lower than it was 12 months ago when prices peaked at ?5100/acre
  • Farmers were the biggest purchaser group in the second quarter of 2009, accounting for 52% of deals (48% Q1)
  • The fall in the value of farmhouses has slowed significantly and the activity of ?lifestyle? buyers increased slightly
  • Prices are predicted to rise another 6% over the next 12 months
  • To read the full article, please click on the image below.
    Knight Frank
    Following the Financial Times statement "Ukraine shows signs of recovery ... and good prospects for a bumper harvest this year", investment in farmland in the Ukraine has begun to take off. Read more about investing in Ukraine agricultural land by clicking here.
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