Investment fund managers are anticipating horticulture’s Costa family to list its farming properties in a $285 million real estate investment trust.
The farms supply the Australian Securities Exchange-listed Costa Group with raspberries, blueberries, blackberries, mandarins and oranges and are valued at about $285 million.
Costa family office chief executive officer Liza Whitmore and agribusiness investment adviser, David Williams, from Kidder Williams, reportedly met fund managers in Hong Kong last week to promote the REIT.
A product disclosure statement is expected to be lodged this week.
https://www.theland.com.au/story/5491857/agribusiness-buzz-in-brief/
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