Rural Equities eyes investment outside of NZ rural property, citing 'uncertain' outlook

Wed, 08 Nov 2017

By Tina Morrison Nov. 8 (BusinessDesk) - Rural Equities, the farming group majority-owned by the Cushing family, is eyeing investments outside New Zealand rural property where it sees an “uncertain” future. The Hastings-based company, which owns 22 farms in New Zealand, told shareholders in its annual report published this week that directors decided to consider new long-term investment opportunities in other asset classes and potentially other jurisdictions to provide enhanced returns and portfolio diversification. Rural Equities was...

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