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home / news releases / FPI - Farmland Partners acquires Illinois Farmland for $2.16M


FPI - Farmland Partners acquires Illinois Farmland for $2.16M

  • Farmland Partners ( NYSE: FPI ) said on Friday that it has purchased 291 acres of farmland in Schuyler County, Illinois, for $2.16M.
  • FPI won the property during an auction held November 29.
  • The newly acquired property is leased to the same tenant who rents FPI’s nearby farm.
  • The farmland is expected to generate good rental income for the company in addition to asset appreciation.
  • Shares are up 3.26% premarket.

For further details see:

Farmland Partners acquires Illinois Farmland for $2.16M
Stock Information

Company Name: Farmland Partners Inc.
Stock Symbol: FPI
Market: NYSE
Website: farmlandpartners.com

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