{"id":836934,"date":"2022-11-22T18:20:54","date_gmt":"2022-11-22T17:20:54","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/fpi-purchases-real-estate-leased-to-large-ag-equipment-dealer\/"},"modified":"2022-11-22T18:20:54","modified_gmt":"2022-11-22T17:20:54","slug":"fpi-purchases-real-estate-leased-to-large-ag-equipment-dealer","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fpi-purchases-real-estate-leased-to-large-ag-equipment-dealer\/","title":{"rendered":"FPI Purchases Real Estate Leased to Large Ag Equipment Dealer"},"content":{"rendered":"DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the \u201cCompany\u201d or \u201cFPI\u201d) acquired, on November 18, four Ohio properties that house agricultural equipment dealerships for $17.2 million. The dealerships are operated by Ag-Pro, North America\u2019s largest John Deere dealer.\n\n\n\n\u201cFarmland is and will continue to be FPI\u2019s primary business, but this deal provided several strategic advantages for our Company and its shareholders,\u201d explained FPI Chairman and CEO Paul Pittman. \u201cThe long-term lease in place should supply a steady income stream at a cap rate that\u2019s higher than what we typically see in farmland. Additionally, this acquisition will further mitigate risk through portfolio diversification and establish a meaning<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>DENVER&#8211;(BUSINESS WIRE)&#8211;Farmland Partners Inc. (NYSE: FPI) (the \u201cCompany\u201d or \u201cFPI\u201d) acquired, on November 18, four Ohio properties that house agricultural equipment dealerships for $17.2 million. The dealerships are operated by Ag-Pro, North America\u2019s largest John Deere dealer. \u201cFarmland is and will continue to be FPI\u2019s primary business, but this deal provided several strategic advantages for [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-836934","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FPI Purchases Real Estate Leased to Large Ag Equipment Dealer - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fpi-purchases-real-estate-leased-to-large-ag-equipment-dealer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FPI Purchases Real Estate Leased to Large Ag Equipment Dealer - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the \u201cCompany\u201d or \u201cFPI\u201d) acquired, on November 18, four Ohio properties that house agricultural equipment dealerships for $17.2 million. 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