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- Global Sustainable Farmland Income extends IPO timetable as Covid-19 hits broader sentiment
The board of Global Sustainable Farmland Income has this afternoon extended its IPO period, which was initially open until 25 February.
The fund’s board has said that it has been pleased with the reception that the issue has received from a number of large institutional investors and discretionary wealth managers. The decision to extend the timetable has been taken to provide the fund with a better opportunity to maximise the amount it can raise, in light of current volatile market conditions, primarily reflecting deepenning concerns around the spread of Covid-19.
The company says it intends to publish a further update in due course.
Last week, QuotedData’s James Carthew discussed some of his findings after he met the team behind the fund. You can access the article here.
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