Sunday, July 3, 2022

Real Estate

Two more big farms for NZ Rural Land

Two more big farms for NZ Rural Land

ByHugh StringlemanJun 13, 2022
New Zealand Rural Land Company (NZL) is raising more share equity to purchase two large Southland dairy farms totalling over 900ha at a cost of $29 million. Existing shareholders have been offered a 1-for-5 shares entitlement at a discounted price…

Stricter foreign investment rules met with cautious optimism

ByNeal WallaceFeb 24, 2022
While welcoming the changes, Beef & Lamb NZ chief executive Sam McIvor says at $80 a NZ Unit, carbon trading is still the biggest threat to farmland.Changes to rules that…

Renewed confidence in rural real estate

ByStaff reporterFeb 1, 2022
RECORD: In 2021 farm sales totalled $3.5 billion, up $1.5b on the previous 12 months, which was a record for pre-covid-19 times.STRONG dairy farm sales activity in the second half…

Commodity prices drive down farm sales

ByColin WilliscroftJan 27, 2022
REINZ rural spokesperson Brian Peacocke says some landowners are hanging on to their farms to take advantage of high commodity prices.Landowners wanting to capitalise on high commodity prices are likely…