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Hot Topic Hawke’s Bay
Investment
1 mins to read
2

Rural Land Co seeks $20m for Southland farm buy

Deal adds 930ha of dairy farm land to portfolio.

NZ Rural Land Co chair Rob Campbell.

NBR Staff Wed, 08 Jun 2022

Dairy farm investor NZ Rural Land Co has announced a $20 million capital raise to help pay for its acquisition of two farms in Southland.

In a statement to the NZX, the company said it had agreed to buy the 564ha Argyle Downs Farm and the 366ha Greenhill Farm for a combined price of $29m.

Rural Land

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NBR Staff Wed, 08 Jun 2022
Contact the Writer: editor@nbr.co.nz
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Short-term pain, long-term gain for NZ Rural Land Co
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NZ Rural Land Co posts $3.2m profit, considering new asset types
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NZ Rural Land Co posts $3.2m profit, considering new asset types
Rural Land Co seeks $20m for Southland farm buy
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