New Zealand Rural Land Company Focuses on Strategic Land Acquisitions

New Zealand Rural Land Company (NZX: NZL) is committed to securing high-quality land assets, with co-founder Richard Milsom emphasizing a careful, selective approach to acquisitions. Established through an initial public offering in December 2020, which raised $75 million, the company operates as a rural landowner. NZL leases its acquired lands to skilled, long-term tenants, aiming for stable, sustainable revenue streams. One of its initial investments included the purchase of 14 dairy farms in South Canterbury and North Otago for $11 million, highlighting its focus on fertile, productive agricultural land. The company's strategy emphasizes patience in order to secure value-aligned assets that meet its quality standards.

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