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Investment
2 mins to read
8

$61m Maniototo dairy farm buy for Rural Land Co

Deal takes portfolio to 10,800ha of dairy assets.

Tim Hunter Sat, 23 Oct 2021

NZX-listed NZ Rural Land Co has added to its portfolio with an agreement to buy 3500ha of dairy farms in the Maniototo for $61.4 million.

The deal is being financed by Rural Land Co’s existing cash and extended debt facilities with Rabobank.

In a statement to the NZX on Friday, the company

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Tim Hunter Sat, 23 Oct 2021
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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NZ Rural Land Co dairy farms Maniototo Chris Swasbrook Williams Holdings
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Price
Previous Close
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Avg Daily Volume
Daily High
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52 Week High
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Related News
General Business
1

NZ Rural Land Co rights issue seeks $44m
General Business
10

NZ Rural Land Co buys Van Leeuwen farms in $114m deal
General Business
5

NZ Rural Land Co closes out IPO at $75m
$61m Maniototo dairy farm buy for Rural Land Co
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