Allied Farmers

 NZ Rural Land Co recently reported a first-half net profit of $3.17m for the six months to Dec 31 and announced an inaugural dividend of 2.01 cents per share. Allied also said that the NZ F

Foreign direct investment in pastoral farmland has decreased to near zero since the introduction of the foreign buyer ban in 2017, it said. Acquisitions to date have been in dairy, but it sees op

Pacific Edge fell 4.4% to $1.08 and is now down more than 18% year-to-date.Shares in Spark New Zealand were unchanged at $4.33The telecommunications firm completed its acquisition of infrastructure co

Mainfreight rose 0.5% to $90, Freightways was up 1.4% at $12.87 and Move Logistics advanced 0.6% to $1.64.Agricultural companies were also in favour, despite the decline in milk prices at the last Glo

This guaranteed European farm prices and locked out competition, to provide a stable food supply.With the Cold War underway, the fear of the Western Allies was that rural France would fall to the comm

There was something pleasing about the latest round of corporate earnings from New Zealand’s biggest and brightest – or at least its most public.Market watchers already had us primed for a

Allied Farmers more than doubled its full-year net profit as its investment diversification begins to bear fruit and the company said it won’t be undertaking an already approved share placement.

Among other governance roles, he is on the board of the NZ Cricket Players Association, and he is also chair of large family farming group.“It’s a pretty full dance card,” he said.&n

One – a 366 hectare farm for up to $108m – is conditional on an existing deal falling through and the other – 500 hectares for $12m – relies on Van Leeuwen Group not being able

The company aims to keep its foreign ownership below 25% in order to avoid having to go through overseas investment approval processes for its acquisitionsThe company is half-owned by Allied Farmers,

But if the cashbox can buy $100 million of farmland, Allied will share in the $1.25 million of associated transaction fees and about $500,000 in annual management fees.Plus, Allied will share in any r

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 land 15 years ago, you would'