The acquisition of Australia’s Palgrove Stud brings the sovereign fund’s land portfolio to 33 farms worth $215m.
Tag Archives | New Zealand
Kaingaroa Timberlands, NZ Super’s largest single asset, helped it achieve a double-digit return in 2016-17. Does that mean the sovereign fund is in an acquisitive mood again?
The venture-backed New Zealand agtech company will offer up to 40 million shares at A$0.20 each before listing on the Australian stock exchange on August 31st.
The New Zealand co-operative has increased the farmgate milk price to NZ$6.75kgMS, citing strengthening global demand for dairy products.
New Zealand’s avocado industry recorded its highest ever volume and value levels last season, with growing global demand attracting investors to the fruit.
Harvard’s exit from its New Zealand dairy investments comes amidst personnel changes and a refinement of its approach to natural resources.
Neil Woods, portfolio manager for timber & agri at NZ Super – a significant investor in New Zealand’s agricultural sector – talks about the fund’s plans to diversify by investing outside New Zealand and beyond dairy.
The poultry producer’s Western Australian expansion will involve relocating existing facilities and selling 40 hectares of land in Wanneroo.
Fonterra Ventures Co-Lab is an open platform that will allow anyone to submit innovative ideas such as new business models, services or technologies.
The Canadian insurer has acquired the only timberland asset held by infrastructure fund manager Palisade.