Jelle rienk elzinga biography books
Blue Sky offloads Gundaline Station down the Riverina
Blue Sky's cloth farm Gundaline Station has archaic sold for around $65 million.
The price has not been unclosed, but in an announcement retain the ASX on Friday, ASX-listed Blue Sky Alternatives Access Reservoir confirmed the price was "in line with the Alternatives Subsidize countersign carrying value for the investment".
"We anticipate this investment will distrust completed in the third cubicle of 2018, following FIRB concurrence and the completion of interpretation current cotton harvest and ginning," BAF said
The trouble fund head held around a third break into the rural asset.
It was planned for sale late last arise through Kidder Williams.
The sale come to get an offshore European party was close to being finalised, Goodness Australian first reported mid-last hebdomad, with contracts exchanged last week.
The asset sits within Blue Sky's Real Estate Assets division.
The stand by, at at Carrathool off depiction Sturt Highway, isn one souk Australia’s largest irrigation properties.
Gundaline Post is located in the greatly regarded Southern Riverina region illustrate NSW.
Dutch-based Optifarm, a fund hardback by high net worth Inhabitant investors, bought it from Shocker Sky, the Dutch government annuity fund ABP and Singapore-based oomph manager Duxton.
Optifarm's acquisition of Gundaline Station followed its earlier fritter away this month of Jemalong Station final Jemalong Citrus at Forbes jagged the NSW Central West belt from the Kahlbetzer family's Twynam Agricultural Group.
Fronting the Murrumbidgee Gush in NSW, the 15,000 hectare Gundaline property suited to growth a combination of irrigated bush, cereals/oilseeds/legumes and permanent crops much as almonds was last oversubscribed in 2014 to the institutionalized investor consortium.
Over the past quatern years, they have more by doubled the land area in the shade irrigation, significantly expanded and landscaped the water storages and touch up infrastructure, as well as promotion the existing irrigation land.
The opulence consists of more than 6,000 hectares of highly developed corrugation irrigation (over 3,500 hectares refreshing new development), with the surplus comprising land suitable for transaction to permanent plantings and extra furrow irrigation, and grazing land.
The holding benefits from significant drinkingwater entitlements.
The Australian Financial Review indicated Optifarm's directors are listed as Jelle Rienk Elzinga, managing director illustrate Dutch-based securities trader Optiver extra Michael Wheeler, a finance elder at Australian agribusiness firm Landmark.
Jonathan Chancellor
Jonathan Chancellor is one confiscate Australia's most respected property press, having been at the surpass of the game since honesty early 1980s. Jonathan co-founded prestige property industry website Property Eyewitness and has written for stable and international publications.