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Hot Topic Aus election
General Business
4 mins to read
3

American property developer buys 10% of Rural Land Co

The rural property investment company opened at a premium.

Andrew Bevin Mon, 21 Dec 2020

An American property developer with ties to New Zealand bought 9.86% of New Zealand Rural Land Co (NZRLC) in its IPO.

NZX disclosures show husband and wife Clyde and Rena Holland purchased  5.96 million shares in the offer, worth $7.45 million at the offer price of $1.25 a share.

The company

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Andrew Bevin Mon, 21 Dec 2020
Contact the Writer: andrew@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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NZ Rural Land Co closes out IPO at $75m
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Land Co, Allied Farmers combo ‘exciting for capital markets’
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Related News
General Business
5

NZ Rural Land Co closes out IPO at $75m
General Business
11

Land Co, Allied Farmers combo ‘exciting for capital markets’
American property developer buys 10% of Rural Land Co
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