NZSuper Makes First Offshore Farm Play, Sets 3% Target for Farmland Allocations
Posted on 10/05/2017
The New Zealand Superannuation Fund (NZSuper) has announced its first offshore farm investment after buying a leading stake in Australian cattle seed producer Palgrove for an undisclosed amount in a deal approved by Australia’s Foreign Investment Review Board (FIRB). The Palgrove business, a bull-breeding business, has operations in Queensland and New South Wales and will […]