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From vineyards to berry farms and cattle and grain properties: meet the world’s billionaires who are spending up big on blue chip rural Australian real estate. ....
From vineyards to berry farms and cattle and grain properties: meet the world’s billionaires who are spending up big on blue chip rural Australian real estate. ....
They are the billionaires of the bush. The top-end-of-town men and women known more for their boardroom acumen, who are forging a very large stake in our prime agriculture real estate. And they are not all Australian. An investigation into farm ownership in Australia can reveal some of the world s richest business figures - from the high-rise offices of New York, Hong Kong, London and Shanghai - are digging deep into the pockets of their tailor-made suits to participate in a multi-billion dollar buy up of some of our most iconic properties. Fifteen of the richest investors have a combined wealth of more than A$185 billion. Leading the charge is Hong Kong s richest person, the 92-year-old Sir Li Ka-shing (net worth: $A44.82 billion), whose CK Life Sciences company has about $1 billion invested in Australian farmland, from vineyards to grain properties and berry farms. ....
From vineyards to berry farms and cattle and grain properties: meet the world’s billionaires who are spending up big on blue chip rural Australian real estate. ....
SHARING OPTIONS: Silage is being made for much of the year, with pits being emptied and filled at the same time. One of the impressive farms that we visited south of Parkes in New South Wales was Moxey Farms, a dairy farm business milking well over 10,000 cows. This very impressive integrated 8,800ha unit stood out in the countryside because it had access to irrigation water to produce fodder. The farmyard and dairy are located in the centre of the property and the land stretches for about 30km in all directions. It had been a family farm business for about 100 years, but, in recent times, it teamed up with three partners to expand the business - another farmer, a milk processor and Chinese investors. ....