MyFarm sets up $190m kiwifruit investment fund

Zespri's SunGold kiwifruit. (Image: Zespri)

Mon, 17 Jun 2024

Primary sector investment manager MyFarm has set up a $190 million kiwifruit orchard investment vehicle.Investors in its 11 kiwifruit partnerships voted to amalgamate them into one.The MyFarm KiwiFruit Fund will bring into a single fund 13 Bay of Plenty and four Northland SunGold properties and the associated shares in Zespri.With just over 155 canopy hectares planted in SunGold, the properties produced more than two million fruit trays from a mix of developed and developing orchards during the 2024 season.Having been chair of 10 of the partner...

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