| The New Zealand Superannuation Fund is in the hunt for more dairy farms, have bought its first, a dairy property in West Otago. It's the first step in the Super Fund's rural land strategy in which it could invest up to $500 million in New Zealand and overseas.
The fund has appointed South Island-based farm management and consultancy company FarmRight as investment manager. FarmRight chief executive Jim Lee says it's actively looking at further farm purchases in New Zealand for the Super Fund and the focus at this stage is on dairy farms..............................................Full Press Release: Source
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