Savills Global Farmland Index The Index, launched in 2012, is based on data from 15 key farmland markets and aims to provide a comparative indication of farmland value trends around the globe. The Index is derived from the average value of crop/arable land in domestic currency converted to US$ per hectare. Although converting to US$ per hectare can have an effect on annual growth rates in terms of domestic currency, it gives potential investors a good starting point for comparable analysis. It is a common denominator, which corresponds to the currency of global markets. The values are represented as an Index relative to values in the year 2002 (2002 = 100). goo.gl/CvLR6M
Posted on: Sat, 25 Oct 2014 20:55:01 +0000
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