One of the country’s biggest milk producers – backed by the Rich Lister Perich family and China’s New Hope Group – has sold one of its major farms in Victoria’s north for close to $55 million.
The buyer is Queensland-based McLean Farms, which is one of the country’s biggest egg producers and is owned by the descendants of Arthur and Hope McLean, who established the business in the 1950s.
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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