Shanghai Pengxin rejection has flow-on impact on failed Lochinver neighbour

Tue, 12 Jan 2016

By Jonathan Underhill Jan. 12 (BusinessDesk) - The government's decision to reject Shanghai Pengxin as a buyer for Lochinver Station had a flow-on impact on its failed neighbour, which has been put back on the market after the rationale disappeared for the Chinese company to acquire the dairy farm. Taharua Farm is a 1,235 hectare dairy farm neighbouring the 13,843 hectare central North Island sheep and beef station Lochinver. Pengxin had an agreement to buy the property that dated back to just after the time it was first looking at Lochi...

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