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Blue Sky enters receivership after Oaktree loan covenant breach

Future is unclear for the Brisbane-based asset manager as receivers are appointed after ‘significant instability and uncertainty’ at Blue Sky.

Western Australia ‘like California 30 years ago’

Alterra MD says he is seeing the ‘best opportunities’ for investment in WA, attracting interest from North American institutional investors.

The Rohatyn Group puts WA sandalwood estate on market

New York-based emerging markets-focused group has put the 6,700-ha estate up for sale after selling down timber assets in New Zealand last year.

Long-Term Asset Partners withdraws GrainCorp takeover bid

Recently formed asset manager said it ‘doesn’t have any plans at present to pursue other acquisitions’.

Australian ag needs better risk-management tools

A new report from the Australian Farm Institute argues that institutional – rather than price or production – risk poses the greatest challenge to the sector today.

Western Sydney International Airport could house agtech cluster: report

Report from the University of Sydney’s United States Studies Centre proposes a cluster that would enable Australia to increase its exports of fresh fruit and vegetables, and other commodities.

Blue Sky gets court order against former directors over data downloads

Australian court bans three former Blue Sky directors, Riparian Capital Partners and Pinnacle Investment Management from using proprietary data allegedly downloaded while the executives worked at their former firm.

CPC divestment continues with sale of second property to Sterling Buntine

Terra Firma-owned CPC continues to be ‘actively engaged’ with potential buyers for the rest of its portfolio as a whole or in parts, CEO Troy Setter said.

Texas Downs property hits NSW market

Meat processor Thomas Foods is selling the 5,728ha horticulture property, which has a High Security water entitlement for the Darling River.

Roc Partners-backed Stone Axe Pastoral Company acquires 50% stake in QLD feedlot

Stone Axe continues expansion of its vertically-integrated business on Australia’s east coast as it prepares to produce its first Wagyu meat before the end of 2019.
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