Monday, 26th November 2018
New South Wales
Sir Michael Hintze Sells Farm Site (AFR)
A 1000 ha mixed farming holding has been sold by Billionaire hedge fund manager Sir Michael Hintze to a local family farming group in a deal for $8.8 million. The site is in NSW’s south-west, 26 kilometres south from well-known agricultural town, Young.
Melbourne Cultural Destination Sold (AFR)
Fund manager Charter Hall has acquired Village Roadshow’s 8.2 ha Colburg drive-in for $12.5 million. According to the terms of the deal, Village Roadshow Theatres will lease back the location for an initial 10-year period, on a 4.8% yield.