Cresud outlined a farmland optimization and portfolio rotation strategy, reporting 874,000 hectares under management, more than $600 million in farmland sales over 10 years, and sale returns of 16% in USD in Argentina and 22% in BRL in Brazil.
Cresud outlined a strategy focused on farmland optimization, portfolio rotation and agricultural services in an institutional presentation. Assets under management total 874,000 hectares, 68% of which are owned. Productive land covers 441,000 hectares, allocated 60% to crops and 40% to cattle.
Farmland sales exceeded $600 million over the last 10 years and covered 170,000 hectares. Sales generated internal rates of return of 16% in USD in Argentina and 22% in BRL in Brazil.
