Ex-Hubbard property sold, nutrient rules suggest curb on prices
Chris Hutching for NBR NZ Property Investor Wed, 19 Mar 2014
An Allan Hubbard-legacy property in mid-Canterbury sold last Friday for $64.94 million.
But the broker who marketed Ealing Pastures says soaring prices for dairying farms and potential dairy conversions will be capped under new nutrient rules being introduced.