Agricultural fund manager Warakirri has taken over three orchards in Victoria’s Goulburn Valley in a $33 million deal with a company associated with one of Hong Kong’s wealthiest tycoons.
The three orchards, comprising an aggregation of 200 hectares, are leased to New Zealand-listed Seeka, the largest producer of kiwi fruit across New Zealand and Australia.
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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