Primary Sector

Why ANZ Investments bought almost 10% of NZ Rural Land Co

Jenny Ruth
Tue, 22 Dec 2020

Jenny Ruth
Tue, 22 Dec 2020
ANZ Investments is taking a long-term view in buying almost 10 percent of New Zealand Rural Land Co, which debuted on NZX after raising $75.6 million.Craig Tyson, head of Australasian property securities at ANZ Investments, said the investment isn't without risk, but it’s a bet on the long-term value of NZ rural land."We know the farming sector is highly volatile. How are farmers going to pay the rent – that's our biggest risk in this if commodity prices collapse," Tyson said."But if you had invested in rural...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property FREE
Housing dominates Labour's first meeting of 2021
Brent Melville | Thu, 21 Jan 2021

Government has rolled out its much heralded plan for public housing ahead of this week's Labour Party retreat. 

Technology
Tech investors chafe at foreign investment rules
Peter Griffin | Thu, 21 Jan 2021

NZ must compete to attract and retain tech investment. 

Technology
Schools blocked 2.9 million cyber threats daily
Henry Burrell | Thu, 21 Jan 2021

Distracting and non-work content drove most of the blocking, with only about 6 percent of material considered harmful. 

Sponsored
How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.

Sponsored
What has Covid-19 changed for supply chains?

Covid-19 has helped businesses recognise Supply Chain as a critically important function within their organisation.