Investor 
ELAN Terres Agricoles
Bringing in a new generation of farmers
ELAN is a national long-term (30-year) agricultural leaseback fund in France. Its purpose is to facilitate the establishment of a new generation of farmers and accelerate the agroecological transition in rural areas.
Our investment thesis
Leaseback consists of acquiring agricultural land with a view to leasing it to a farmer.
Undeveloped agricultural land
All production
Our objective
Strengthening the capacity of the new generation of farmers to set up in business
Today, many young people aspiring to become farmers are faced with the high cost of land, a major obstacle to setting up their own farms. Yet our food sovereignty and ecological transition depend on it.
ELAN Terres Agricoles is changing the rules: by providing agricultural land, it enables new generations of farmers to receive support in implementing agroecological practices.
Thanks to this approach, farmers can take their time to:
- Invest in their equipment, their farm, and adapting to agroecological techniques
- Build up capital to eventually buy the land
To ensure an effective transition, an Agroecological Charter formalizes the commitments made by farmers. Attached to the buyback contract, it provides a common framework for the implementation of sustainable practices. The ELAN fund also offers an agroecological assessment carried out by an independent third party, enabling objective monitoring of progress in relation to the commitments defined in the Charter.
Target
- Newly established farmers
- Established farmers
- Desire to eventually become landowners
- Commitment to agroecology
Ticket
€100K-€600K
Land acquisition starting in the 10th year
Localisation
Metropolitan France
Why finance agricultural land?
Ensuring generational renewal
-
- 1/3 farmers over the age of 55 have no successor
- 1 in 2 farmers will retire by 2030
- A shortfall of 7,000 new farms per year, which is set to increase: new farms will not make up for those leaving the industry
Enabling access to homeownership
- Land represents up to 25% of the initial capital required to set up a farm.
- Farmers have the option of becoming landowners at market conditions after the 10th year.
Supporting the agroecological transition
- 86% of farmers consider climate change to be a risk to the viability of their farms
- Agriculture is responsible for 70% of global biodiversity loss
FN Safer, partner of the ELAN Terres Agricoles fund
Safers are non-profit corporations under the supervision of the Ministries of Agriculture and Finance. Their mission is to boost agriculture, support local development, preserve the environment, and ensure transparency in the land market. By 2025, the 17 Safers grouped together within the National Federation of Safers will cover the entire country.
As part of the ELAN Terres Agricoles fund, they identify project leaders and available agricultural land, then manage the leasing of the land.
Our Agriculture Strategy
