Wilmar move to secure Burdekin land
- The Australian
- 25 January 2013
Wilmar has flagged the purchase of another 778 hectares of land in the Burdekin region south of Townsville, Australia as part of its campaign to lock up as much supply as possible.
Wilmar has flagged the purchase of another 778 hectares of land in the Burdekin region south of Townsville, Australia as part of its campaign to lock up as much supply as possible.
China's sovereign-wealth fund is one of three large funds vying to take a stake in Australian dairy company Van Diemen's Land Co.
A Swedish pension fund has become the latest of a series of purchasers of Australian farmland, a buying spree which has fuelled public concerns, and raised discussion over curbs on foreign ownership.
TIAA-CREF's Westchester group buys 17,200 ha Cobran Station, once Australia's largest rice farm, while Sweden's Forsta AP-fonden buys the 16,000 ha Merri Meric farm near Henty.
“When things are mortgaged up to the hilt and the banks are involved then it’s either bank ownership or foreign ownership,” says South Australian sheep farmer Brian Wilson
WA Australian Agriculture Minister Terry Redman can't shed light on reports a Chinese agricultural giant could buy up to $4 billion worth of prime farmland after snapping up some 30,000 hectares in the past month.
A campaign to block foreign ownership of Australian farmland until a national interest test has been conducted has received the backing of the Australian Greens and some Independents.
Blackstone Group LP and China agribusiness company New Hope Group are through to the final round of bidding for Australia's largest poultry producer Inghams Enterprises, a deal that could be worth as much as A$1.4 billion
Les autorités d’Australie de l’Ouest vont signer le 20 novembre un bail de 50 ans avec une société immobilière de Shanghai, chargée de développer 15.200 hectares de terres agricoles.
For all the willing buyers seeking tracts of Australian farm land, local investors are not among them. They wonder what all the fuss is about.
Shanghai Zhongfu s'est vue attribuer un contrat qui va lui permettre, dans le cadre d'un bail de 50 ans, d'exploiter 15 200 hectares de riches terres agricoles, irriguées par la rivière Ord.
Chinese property development conglomerate Shanghai Zhongfu has won the sole right to develop 15,200ha of high-value irrigated agricultural land in northern Australia..