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Deal #1049 Version #50821

Ukraine

Created at

2013-02-15

Last update

2013-10-23

Last full update

2016-01-25

Land area

Intended size

500 000 ha

Size under contract (leased or purchased area)

[2012, current] 249000.0 ha

Size in operation (production)

[2013, current] 401000.0 ha

Comment on land area

"mid-term target landbank under operation in the range of 450,000–500,000 hectares" (Annual Report and Accounts 2012: 18) as of 30 June 2012, the company had leased 249000 ha of farmland in Ukraine (see ibid.: 3) remark regarding size in operation: added up (see Kernel Company Presentation October 2013: 13)

Intention of investment

[current] Food crops, Non-food agricultural commodities

Nature of the deal

Lease

Comment on nature of the deal

several long term leases over 7-25 years

Negotiation status

[2008] Concluded (Contract signed)
[2011] Concluded (Contract signed)
[2013, current] Intended (Under negotiation)

Comment on negotiation status

landbanks partly acquired via company acquisitions (2011) company "holds an option to buy another 79,200 hectares of leasehold farmland" (Annual Report and Accounts 2012: 3)

Implementation status

[2002, current] In operation (production)