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Market participants are ‘nervous and cautious’ as the coronavirus crisis drags on, with no end yet in sight.
Macadamia plantation aerial shot
Managing director David Bryant flags future acquisitions in the cattle and macadamia sectors after property revenues grew by 22%.
New Forests’ Australia New Zealand Forest Fund 3 has acquired its first asset in Western Australia, purchasing hardwood plantation assets near Bunbury from Mitsui Bussan Woodchip Oceania.
NSW Treasury said around 25 percent of Forestry Corporation of NSW’s softwood division had been damaged by the summer bushfires.
NZ Super Fund deployed more capital into its beef JV Palgrove and is open to further acquisitions.
Windmill at sunset, Outback Australia
The ASX-listed firm is unlikely to be able to enforce its win over the US-based Bonitas Research, but having a judge find in its favor is victory enough.
Cows in the Field, south of Chile
The move comes after two failed follow-on fundraising attempts and a raft of senior departures over the years.
Daybreak Cropping has purchased Erregulla Plains, extending PSP’s agricultural exposure in Australia to Western Australia’s northern Wheatbelt for the first time.
Justice Hammerschlag found that Bonitas Research and CEO Matthew Weichert had disseminated information that was ‘false in material particulars’ and ‘materially misleading’.
The firm purchased plantations from Norske Skog and signed a long-term contract to supply timber to the Norwegian firm’s mill on the island.
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