One-time waterfront warrior Chris Corrigan blames federal Labor’s water buybacks for his decision to quit a vast cotton, cropping and nuts aggregation in the NSW Riverina, his largest stake in Australian agriculture.
In a complex deal worth about $500 million overall, a venture backed by Canada’s PSP Investments has bought out its co-investors including Corrigan in the Kooba aggregation, which comprises 30,000 hectares with cotton, crops and livestock and about 1400 hectares of almond orchards.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
