One of Sweden’s biggest pension funds has made a foray into Australian farmland purchasing a prized cropping operation near Henty in NSW’s eastern Riverina.
One of Sweden’s biggest pension funds has made a foray into Australian farmland, purchasing a prized cropping operation near Henty in NSW’s eastern Riverina.
The Australian Financial Review can reveal that Första AP-fonden, which manages more than 221 billion kronas ($31.5 billion) in assets, snapped up the 16,00 hectare Merri Meric at the start of this year’s spring selling season for just under $7 million.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
