Seeka considers sale and leaseback of Australian orchards

Seeka considers sale and leaseback of Australian orchards
Rebecca Howard
By Rebecca Howard July 29 (BusinessDesk) - Kiwifruit grower and marketer Seeka said it is looking at a potential sale and leaseback on some or all of its orchard portfolio in Australia. Funds would be used to accelerate orchard development and repay debt, it said.  Seeka Australia currently holds over 273 hectares of orchards in production or development, with approximately 278 hectares available for new development.  The portfolio includes 163 hectares of kiwifruit and 110 hectares of European and Asian pears, of which 21 hectares are...

More Primary Sector

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Riley Kennedy 12 Dec 2024
Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Riley Kennedy 12 Dec 2024
Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024