middle.news
Seafarms Secures $6.83M Sale and Leaseback to Sustain Cardwell Operations
3:50am on Monday 2nd of June, 2025 AEST
•
Aquaculture
Read Story
Seafarms Secures $6.83M Sale and Leaseback to Sustain Cardwell Operations
3:50am on Monday 2nd of June, 2025 AEST
Key Points
Sale and leaseback of Farms 1 and 2 at Cardwell completed for approximately $6.83 million
Leaseback allows Seafarms’ subsidiary SQPL to operate facilities until January 8, 2026
Post-leaseback, a 30-year leaseback on Farm 1’s processing plant at nominal rent secured
Strong demand persists for Crystal Bay® prawns and post-larvae sales boost revenue
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Seafarms (ASX:SFG)
OPEN ARTICLE