Aussie's Laguna Bay gets green light to snap up three Otago dairy farms

Laguna Bay has leased the farms to Fortuna Group. (Image: Unsplash)

Fri, 21 Nov 2025

Australian agriculture investor Laguna Bay has been given the green light to purchase three dairy farms in the lower South Island.Set up in 2010, Laguna Bay invests in the primary sector across Australia and New Zealand on behalf of institutional and wholesale investors, one of its largest being the Washington State Investment Board.The majority of its investments are joint ventures or partnerships. It is one of the largest dairy farmers in Australia, milking 14,000 cows in Tasmania.A Toitū Te Whenua Land Information NZ (Linz) spokesperson conf...

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