20 April 2026
Response to inflation pressures
Persistently higher inflation and greater uncertainty are changing the investment environment. In this paper we outline how inflation can affect farm level margins in the near term, and what tends to matter more over time for farmland as a scarce, productive real asset.
Read the full article for the full discussion, scenarios and portfolio positioning.
Connect with experts in your market
Disclaimer
Van Lanschot Kempen Investment Management NV (VLK Investment Management) is the management company of the Kempen SDG Farmland Fund (the ‘Fund’). VLK Investment Management is authorized as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of VLK Investment Management at the Dutch Authority for the Financial Markets (AFM). The Fund is notified for offering in a limited number of countries. The countries where the Fund is notified can be found on the website of VLK Investment Management (vanlanschotkempen.com/en-nl/investment-management).
The Fund is only available for professional investors. This information constitutes an insufficient basis for an investment decision. You should therefore read the placement memorandum and the terms and conditions. These documents are available on the website of VLK Investment Management (vanlanschotkempen.com/en-nl/investment-management). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
This communication is provided for information purposes only and does not constitute investment advice, an investment recommendation, research, an offer or an invitation to buy or sell any financial instruments. It provides insufficient information for an investment decision.
General risks to take into account when investing in Farmland: economic downturns and market fluctuations can significantly reduce returns and affect rental income, property values, and dividend payments. Environmental, social, and governance events can negatively impact investment value and overall portfolio risk. Farmland investments have a low vacancy risk, but asset allocation and investment selection can affect returns. Farmland is not a liquid asset class, and external factors may also affect the liquidity of individual farms.
Tenant defaults can affect returns and working capital. Currency exchange rates can impact the asset value of the strategy. Government-related risks, including taxation and legislation, can affect financial performance and investment returns. Incorrect asset valuation can negatively impact the strategy returns.
The value of your investment may fluctuate past performance is no guarantee for the future. Do not take unnecessary risks. Before you invest, it is important that you are aware of and are informed about the characteristics and risks of investing. This information can be found in the available documents of the strategy and/or in the agreements that are part of the service you choose or have chosen.
Any references to specific farms, properties, operating partners or other entities are included solely as illustrations of the fund’s investment approach. They do not constitute a recommendation to buy or sell any financial instruments associated with those entities. VLK Investment Management may hold positions in the companies or assets mentioned text in field.
Van Lanschot Kempen Investment Management NV (VLK Investment Management) is the management company of the Kempen SDG Farmland Fund (the ‘Fund’). VLK Investment Management is authorized as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of VLK Investment Management at the Dutch Authority for the Financial Markets (AFM). The Fund is notified for offering in a limited number of countries. The countries where the Fund is notified can be found on the website of VLK Investment Management (vanlanschotkempen.com/en-nl/investment-management).
The Fund is only available for professional investors. This information constitutes an insufficient basis for an investment decision. You should therefore read the placement memorandum and the terms and conditions. These documents are available on the website of VLK Investment Management (vanlanschotkempen.com/en-nl/investment-management). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
This communication is provided for information purposes only and does not constitute investment advice, an investment recommendation, research, an offer or an invitation to buy or sell any financial instruments. It provides insufficient information for an investment decision.
General risks to take into account when investing in Farmland: economic downturns and market fluctuations can significantly reduce returns and affect rental income, property values, and dividend payments. Environmental, social, and governance events can negatively impact investment value and overall portfolio risk. Farmland investments have a low vacancy risk, but asset allocation and investment selection can affect returns. Farmland is not a liquid asset class, and external factors may also affect the liquidity of individual farms.
Tenant defaults can affect returns and working capital. Currency exchange rates can impact the asset value of the strategy. Government-related risks, including taxation and legislation, can affect financial performance and investment returns. Incorrect asset valuation can negatively impact the strategy returns.
The value of your investment may fluctuate past performance is no guarantee for the future. Do not take unnecessary risks. Before you invest, it is important that you are aware of and are informed about the characteristics and risks of investing. This information can be found in the available documents of the strategy and/or in the agreements that are part of the service you choose or have chosen.
Any references to specific farms, properties, operating partners or other entities are included solely as illustrations of the fund’s investment approach. They do not constitute a recommendation to buy or sell any financial instruments associated with those entities. VLK Investment Management may hold positions in the companies or assets mentioned text in field.
Il y a un dicton en néerlandais, Kom verder, qui ui signifie beaucoup de choses, et c'est notre philosophie d'entreprise. Il reflète la façon dont nous travaillons avec nos clients, mais aussi la manière dont nous dirigeons nos entreprises participantes pour créer de la valeur pour les actionnaires grâce à un engagement actif.
Risque de perte en capital. La valeur des investissements et des revenus qui en découlent peut évoluer à la hausse comme à la baisse. Les investisseurs sont susceptibles de ne pas récupérer l’intégralité de leur investissement initial. Les performances passées ne présagent pas des performances futures et ne sont pas constantes dans le temps.
Risque de perte en capital. La valeur des investissements et des revenus qui en découlent peut évoluer à la hausse comme à la baisse. Les investisseurs sont susceptibles de ne pas récupérer l’intégralité de leur investissement initial. Les performances passées ne présagent pas des performances futures et ne sont pas constantes dans le temps.