Gladstone Land Corporation released an updated investor presentation as of November 6, 2024, detailing its current portfolio. The company reported owning 168 farms, encompassing approximately 112,000 total acres across 15 states.
The presentation highlighted the company's significant water assets, totaling nearly 54,000 acre-feet in California. The aggregate value of its farmland and water assets stood at approximately $1.5 billion.
Gladstone Land also reported a high occupancy rate of 99.5% for its acreage, based on farmable land and including direct-operated farms. These figures provide a comprehensive overview of the company's asset base and operational status.
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