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Ex-Hubbard property sold, nutrient rules suggest curb on prices

Chris Hutching for NBR NZ Property Investor
Wed, 19 Mar 2014

An Allan Hubbard-legacy property in mid-Canterbury sold last Friday for $64.94 million.

But the broker who marketed Ealing Pastures says soaring prices for dairying farms and potential dairy conversions will be capped under new nutrient rules being introduced.

“Some farmers are taking

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Chris Hutching for NBR NZ Property Investor
Wed, 19 Mar 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Ex-Hubbard property sold, nutrient rules suggest curb on prices
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