Shanghai Pengxin's decision to restructure its New Zealand farm assets means the company has to go back to the Overseas Investment Office to gain new consents to run its farms.
The sliding dollar is sweetening Australia's appeal as an agricultural investment destination ripe for overseas companies and fund managers, particularly from North America and Europe.
PGG, which is half owned by Agria Corporation of China, purchased 50% of Uruguay seed producer and farm servicing company Agrocentro Uruguay.
New Zealand dairy giant will launch a fund that will pool capital from investors such as sovereign wealth funds and pension funds to invest in land and fixtures of dairy farms through a farm-owning entity.
- Financial Review
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07 April 2015
The New Zealand farm group arm of the Shanghai Pengxin Group owned by Chinese billionaire Jiang Zhoabai says it plans to double its $500 million of local assets within the next five years.
- BusinessDesk
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19 February 2015
Les investissement chinois dans l'agroalimentaire montent en puissance. Objectif: assurer l'indépendance alimentaire du pays.
- La Tribune
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17 February 2015
Billionaire Englishman Stephen Diggle wants to put his wealth in land assets around the world and has bought New Zealand’s largest avocado orchard.
International funds want to invest in New Zealand farming as part of the global trend to secure food production for emerging Asian economies
- Colliers
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04 February 2015
Americans were the biggest buyers of New Zealand land in the past five years, although buyers from China topped the list in 2014.
New Zealand First leader Winston Peters is labelling the Overseas Investment Office a rubber stamping machine, saying all 189 applications for overseas ownership of New Zealand land in the past two years have been approved.
La société financière genevoise Dynagest adopte une stratégie d’acquisition d’exploitations laitières en Nouvelle-Zélande.
New Zealand's biggest farming industry group on Thursday threw its support behind opposition politicians who have pledged to conduct an audit of foreign purchases of sensitive assets.