03.05.2011 - NZ: Real estate sector sees interest in farms
If New Zealand's richest man, Graeme Hart, can sell a big chunk of his record-sized dairy farms on offer in south Waikato, new life must be stirring in the moribund rural real estate market, industry watchers say. Mr Hart, through his Rank Group-owned Carter Holt Harvey forestry company, has sold eight farms near Tokoroa out of 29 on offer. The farms have languished on the market since 2009 in the post-global financial crisis recession..............................................Full Article: Source
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