Offers for Hassad’s Kaladbro likely to top $20m

Hassad’s Kaladbro Station in western Victoria could make more than $20 million. QATAR sovereign wealth fund-backed Hassad Australia plans to sell its 2630ha Kaladbro Station in western Victoria, with expectations the holding could realise more than $20 million. Kaladbro, near Strathdownie, was Hassad’s first purchase in Australia back in 2010. Since then the company, controlled by Qatar Investment Authority, has bought another 12 farming properties spreading across Victoria, NSW, Queensland and Western Australia. Hassad has purchased about 300,000ha of property in the past seven years, however Qatar did not come close to figuring among the top ten foreign owners in…

Source: Beef Central
Offers for Hassad’s Kaladbro likely to top m