Foreign investors have started to buy up large Danish farms at rate never seen before. According to several agricultural brokers, interest from foreign investors has skyrocketed in the past six years.
German and Dutch investors have been especially interested in Danish farms, resulting in a number of large farms throughout Jutland now having foreign owners.
Fresh cash
“Wealthy people and business people from abroad have discovered that the Danish farmland has been relatively inexpensive for a number of years,” agricultural broker H.C. Hansen, the chairperson for Dansk Ejendomsmæglerforening, the agriculture committee for Danish real estate agents told Jyllands-Posten. “We have recently sold a 180 acres property to a foreign investor. He has no relationship to agriculture and sees the investment as a retirement investment.”
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Martin Merrild, the head of agriculture and food group Landbrug and Fødevarer said that the input of the fresh capital is welcome, be worried about a potential risk to Danish jobs and export earnings.
