Centuria buys giant tomato glasshouse for $70m
ASX-listed Centuria is leading the local institutional investor push into “protective cropping” agricultural assets after snapping up a second major vegetable growing glasshouse facility in Port Augusta.
The fund manager’s unlisted Centuria Agricultural Fund (CAF) paid $70 million for the 246-hectare property on the Princes Highway, about 300 kilometres north of Adelaide, leased to Sundrop Farms, one of the country’s biggest growers of truss tomatoes.
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