Displaying items by tag: real estate

PGG Wrightson says the recent sale of a Lower Waitaki dairy farm for $8.35 million could “re-ignite” the market for dairy property.

Demand will rise for existing kiwifruit orchards as a result of Zespri granting its annual quota of new licences for the gold kiwifruit variety, claims a rural property salesman.

Taranaki seems to be bucking the trend in sales of dairy farms nationwide, and it may be due to sharemilkers.

The rural property market is lacking ‘zing’ despite high primary product prices and low interest rates, says BNZ’s agribusiness report Rural Wrap.

More farms have been changing hands in recent months, according to the Real Estate Institute of NZ (REINZ).

Farm sales remain consistent, but are well below the levels seen in 2016, says the Real Estate Institute of NZ (REINZ).

State-owned farmers Landcorp is quitting 10 more farms totalling about 11,650ha.

One of the largest freehold high country stations in Wanaka is now for sale, with strong national and international interest expected.

With the average age of New Zealand farmers pushing 60, and land values on a steady increase, it’s no surprise succession planning is currently top-of-mind for the agricultural industry.