Latest fromRural Property

Crafar in farm buy-back bid
Allan Crafar says he'll be able to put in an offer to buy his former land off the receivers later this week.

Middle Eastern scouts eye Crafar farms
An Australian is in town scouting out assets for Bahrani interests - which may include the Crafar farms

Farmers' economic confidence improves
Farmers' economic confidence improved in the first months of 2010, boosted by sheep and beef prices.

Chinese dairy farm bidder in court
May Wang, the public face of the Chinese-led bid to buy the Crafar dairy empire, appeared in court this morning.

Crafar properties could go for $200m
The sale of 16 Crafar dairy farms could be enough to cover all of the family's bank debt.

Crafar says overseas buyers may bail him out
The former head of NZ's biggest private dairy operation is talking to foreign interests in an attempt to trade his way out of debt.

Overseas interests may grab up NZ farms
The door is open for overseas investors to capitalise on improving prospects for dairying, warns REINZ.

Property glut creating 'buyers' market'
Sellers appear to be in denial over asking prices with a glut of new homes on the property market strong favouring buyers, says realestate.co.nz.

Court charges may not bar foreign farm ownership
Failed business dealings and pending court charges may not preclude a foreign purchase of NZ dairy farms.

Chinese would bring innovation to NZ dairy industry - lawyer
The Chinese-owned company wanting to buy the balance of the Crafar farms would be the first vertically integrated dairy business in NZ.