Centuria lifts glasshouse portfolio to $450m with big Vic acquisition
ASX-listed fund manager Centuria has cemented its status as the country’s largest owner of vegetable-growing glasshouses after buying the Katunga Fresh facility in northern Victoria for about $100 million in a sale-and-leaseback deal with the Van den Goor family.
The acquisition of the 21-hectare glasshouse facility, which produces about 15 million kilograms of tomatoes a year and supplies all the major supermarkets, takes Centuria’s glasshouse portfolio to $450 million and over 100 hectares of real estate.
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