In recent years, one of the oldest asset classes in investment - land - has become an issue of international concern and scrutiny. Land acquisitions are being announced at a breakneck pace as companies look to produce more food, wood fiber, minerals and energy. Through a variety of mechanisms, the capital markets have enabled this acquisition spree, particularly in emerging economies. The undeniably high and sustained profit potential of this land is thought to be offset by meager, manageable costs. Not only is the land itself cheap, but the ongoing outlays required to convert that land?s output into saleable goods is quite low.
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CSR Guidelines for Companies