Sir Michael Fay, his mainly Maori colleagues, and the rival Chinese bidders for the Crafar dairy farms, have one thing in common. In a world where global investors are all looking for safe havens for their money, they see New Zealand farmland as good buying.
Hardie Peni says joining the consortium with other iwi and agribusiness investors was the only way to get a chance to buy the land.
The receivers of the Crafar farms say a bid from a New Zealand-based group is not as generous as the one from a Chinese group.
Despite all the attention on Chinese bids for New Zealand dairy farms, it is in fact Germany that is fast expanding its investments in this sector.
One of New Zealand's richest men has emerged as a white knight investor with a $105 million bid for big dairy farms that could otherwise be sold to China.
Two issues are bound to feature in New Zealand Trade Minister Tim Groser's talks in Beijing next week: New Zealand dairy giant Fonterra’s market power in the China domestic market and Chinese investment intentions within New Zealand.
The Chinese Embassy in Wellington wheeled out a government spokesman today in a rare move, to tell New Zealanders they have nothing to fear from Chinese farmland investments.
The Italian-based Reda Holding SpA owns 16,660 ha in the Waitaki Valley
New Zealand’s relative isolation and high-priced property means the nation has missed out on a global grab for land, especially farms, despite rising public disquiet about such sales, the New Zealand Institute of Economic Research says.
No início de abril, uma delegação baiana desembarcou na China - aproveitando a visita da presidente Dilma Rousseff à Ásia - para dar encaminhamento a este e a outros investimentos estrangeiros.
New Zealand-based agency Bayleys is putting together a portfolio of overseas property opportunities, including farms, to take on a roadshow to South East Asia, Europe and Britain.
Investors are thinking big when it comes to farmland purchases, reports Andrew Shirley in Knight Frank's Wealth Report 2011
