Canadian Mounties buy Oxford dairy farms
- Stuff
- 06 January 2016
The sale of two New Zealand dairy farms to a Canadian government pension fund has been approved by the Overseas Investment Office.
The sale of two New Zealand dairy farms to a Canadian government pension fund has been approved by the Overseas Investment Office.
One of Canada's largest pension funds, the Public Sector Pension Investment Board, has made its first rural land purchase in Australia through central Queensland's Hewitt Cattle Company.
Canada's Public Sector Pension Investment Board is looking to capitalise on favourable growing conditions and access to Asian markets having taken a 30 percent stake in the central North Island's Kaingaroa forestry estate.