NZ Rural Land on the hunt for more acquisitions

NZ Rural Land on the hunt for more acquisitions
Rebecca Howard
NZ Rural Land Co is on track to deliver its first dividend in the first quarter of 2022 and is on the hunt for more acquisitions, said executive director Christopher Swasbrook. Its rural land portfolio currently stands at $122.75 million, subject to final adjustments, and includes 10 dairy farmers and five support farms. The key, said Swasbrook, is that the company is a rural landowner and not a farmer. “We have no direct on-farm risk, no direct exposure to volatile commodity prices, limited exposure to environmental risk a...

More Primary Sector

Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025