25.02.2013 - UK farm land values reach record highs
UK Farm land values reached new record levels ending the year at an average of 21,053 per hectare and 8,520 per acre, according to the latest figures to be published. Agricultural land value growth over the long term exceeded residential house prices, FTSE 100 and 10 year gilt yield, says the snapshot report from Chesterton Humberts. The firm says that sustained buyer demand and limited availability is driving price growth and farm land values are set to rise by 6% per annum over the next five years...............................................Full Article: Source
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