Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California
Gladstone Land Corporation (LAND)
Last gladstone land corporation earnings: 2/19 04:30 pm
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US:NASDAQ Investor Relations:
ir.gladstoneland.com
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Source: Accesswire
MCLEAN, VA / ACCESSWIRE / June 7, 2021 / Gladstone Land Corporation (Nasdaq: LAND) ("Gladstone Land" or the "Company") announced that it has acquired 639 gross acres of farmland, including 617 planted acres of almonds, located in Kern County, California, and the option to purchase 20,330 acre-feet of stored water (equal to approximately 6.6 billion gallons) located within the Semitropic Water Storage District water bank for a total of approximately $25.4 million. The Company intends to immediately exercise its option to purchase the stored water. In connection with the acquisition, Gladstone Land entered into a 10-year, triple-net lease agreement for the farmland. This is the first closing of a three-part acquisition that is expected to result in total consideration of approximately $81.7 million. The second and third closings are both currently scheduled to occur later this year."We are very pleased to again add a great, new tenant-partner to the Gladstone Land family," said Bill Rei
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News
- Gladstone Land Announces Increase in Monthly Cash Distributions for April, May and June 2024 and Earnings Release and Conference Call Dates for the First Quarter Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Gladstone Land Announces Increase in Monthly Cash Distributions for April, May and June 2024 and Earnings Release and Conference Call Dates for the First Quarter Ended March 31, 2024Accesswire
- Gladstone Land: Speculating On A 7.4% Yield To Mandatory Call On Preferreds [Seeking Alpha]Seeking Alpha
- How Much Upside is Left in Gladstone (LAND)? Wall Street Analysts Think 36.67% [Yahoo! Finance]Yahoo! Finance
- Invest Like Bill Gates With This Top Farmland REIT [Yahoo! Finance]Yahoo! Finance
LAND
Earnings
- 2/20/24 - Miss
LAND
Sec Filings
- 3/27/24 - Form DEFA14A
- 3/27/24 - Form DEF
- 2/20/24 - Form 8-K
- LAND's page on the SEC website