September
Treasury sells Karadoc winery near Mildura to wool brokers
The Karadoc winery, which made brands like Wolf Blass and Yellowglen, has been sold to the managing director and chief financial officer of Quality Wool Group.
- Larry Schlesinger
- Exclusive
- Property market
NSW house prices to flatline this year, valuer general says
A strong first half has pushed values up in the NSW capital, but those gains are unlikely to be repeated.
- Michael Bleby
Farmer co-op shops $51m raising to energy players
Regen has raised $500,000 through crowdfunding efforts and $5 million in government and foundation grants, but this effort represents the group’s biggest push to date.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rich Listers snap up top equestrian centre for less than $30m
Paul Solomon, stepson of Shopkins billionaire Manny Stul, and his wife Georgia have bought Boneo Park on Victoria’s Mornington Peninsula.
- Larry Schlesinger
Cotton power couple list $70m ‘carbon positive’ farm
David and Danielle Statham are selling their largest holding – St Ronans in Far North Queensland – as they focus on developing a large renewable energy project.
- Larry Schlesinger
Australian farmland an ‘unbelievable’ opportunity for super funds
Proterra’s Becs Willson says it’s not too late for super funds to invest in the agricultural sector, where land scarcity and food shortages are driving strong returns.
- Larry Schlesinger
Mormons join $1.1b American push into ‘undervalued’ Aussie farmland
The Mormon Church has purchased a Queensland cropping aggregation for over $300 million, while a NASDAQ-listed company has acquired the Bell family’s NSW farming empire.
- Larry Schlesinger
August
Swedish pension fund looking to offload $50m of WA farms
Forsta AP-fonden, which manages $68 billion of assets, is downsizing its Australian farmland holdings by selling its WA cropping farms.
- Larry Schlesinger
Vietnamese owners hope to triple money on NT cattle station
Pham Nhat Vu, the brother of Vietnam’s richest person, Pham Nhat Vuong, is selling Vermelha Station near Larrimah, which he purchased for $18 million in 2016.
- Larry Schlesinger
Sydney investor Jacky Cheung adds prized Scone farm to $265m portfolio
Private Sydney investor Jacky Cheung has added one of the Upper Hunter region’s biggest farms, Balarang Station, paying $32.5m
- Larry Schlesinger
Quintis receivers put sandalwood trees, factory up for sale
Sandalwood plantations in WA and northern Queensland and an essential oil distillery in Albany are being marketed by Elders on behalf of receivers.
- Larry Schlesinger
Federal buybacks in Murray-Darling Basin to stem fall in water prices
The Commonwealth’s plan to buy back 70 gigalitres of water entitlements in the southern Murray-Darling Basin has already lifted water prices in some markets.
- Larry Schlesinger
Ex-QIC boss Damien Frawley sells organic cattle farm for $25.5m
The new owners of Gowan Station near Blackall are Chinchilla-based cattle breeders Shane and Helen Hutton.
- Larry Schlesinger
July
Costa family puts Victoria’s biggest tomato farm on the market
goFARM, a joint venture between the Costa family and Liam Lenaghan, is selling 4,855ha Winlaton Farms which grows field tomatoes sold to Kagome.
- Larry Schlesinger
‘Death clause’ triggers an extra $1.2m for vendor
“You’re not legally allowed to ask for a price reduction just because someone dies,” said the agent. But one buyer did – and then pulled out of the sale.
- Michael Bleby
Great Barrier Reef island visited by Captain Cook set to fetch $20m
Quail Island near the Whitsundays was last purchased for $2 million in 2020. Meanwhile, a cattle station north of Alice Springs is on the market for about $40 million.
- Larry Schlesinger
Seppeltsfield buys up as Australian Vintage offloads two vineyards
The ASX-listed producer behind McGuigan and Tempus Two will exit one property in NSW and sell another in South Australia to its privately owned rival.
- Kylar Loussikian
Georgian homestead near Canberra sold for the first time since 1841
Manar was an 11,000-acre farm when it was purchased by Scottish emigrant Hugh Gordon with his inheritance for £12,000.
- Larry Schlesinger
US private equity firm lists $250m farming portfolio
Proterra Investment Partners is having another go at selling its One Tree Agriculture portfolio spanning 21 farms in NSW and Queensland.
- Larry Schlesinger
June
- Exclusive
- Farming
Fund manager Allan Fife pays $11m for 180-year-old Yass sheep farm
The Fife Capital founder will add Dowan Hill to a farming portfolio that includes Stonehenge, a sheep farm in Tasmania he bought last year for $25 million.
- Larry Schlesinger