NZ Rural Land buys its first dairy farm for $10.4m 16 Mar, 2021 04:36 AM 2 minutes to read NZ Herald Newly-listed New Zealand Rural Land Co (NZL) has bought its first farm - a 456ha dairy farm in Mokoreta, Southland, for $10.37 million. The company said the purchase, which has a June 1 settlement date, was the first in a series of expected acquisitions. NZL said the agreement remains conditional on a successful test of an effluent pond on the farm. Read More a href "https://www.nzherald.co.nz/business/us-property-gurus-reveal-10-stake-in-nz-rural-land-co/ZMFZD2QOW3TON6YX52OMQ4THUY/?ref readmore" target "_blank" US property gurus reveal 10% stake in NZ Rural Land Co - NZ Herald /a