Noosa News
Lawson Grains farmland parcels hit the market, sale predictions to ‘truly eclipse $500 million’
Macquarie Group’s cropping giant Lawson Grains has hit the market, with the 105,000-hectare farmland portfolio expected to fetch about $600 million.
Key points:
- Macquarie’s Lawson Grains owns 105,000 hectares of farmland in WA and NSW
- The land is on the market with an expected price tag of about $600 million
- Agents say there is strong interest from a range of sectors in agricultural land
Lawson Grains is backed by pension funds.
It was established by Macquarie Crop Partners in 2012 and went on to create 10 aggregations of land, six of these are in Western Australia with the remainder in New South Wales.
Danny Thomas is director of real estate agency and advisory firm Land Agribusiness Water Development, which is handling the sale.
Mr Thomas…
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