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NZ Rural Land buys its first dairy farm for $10.4m

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.
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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

Mokoreta , New-zealand-general , New-zealand , South-island , Invercargill , Fortuna-group , Zealand-rural-land-co , Nz-rural-land-company , Nz-rural-land-co , Land-company , Rural