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NZ Rural Land clears $18.84m orchard sale as debt repayment moves closer
3:14pm on Tuesday 3rd of November, 2026 AEDT
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Agriculture and Property
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NZ Rural Land clears $18.84m orchard sale as debt repayment moves closer
3:14pm on Tuesday 3rd of November, 2026 AEDT
Key Points
$18.84 million sale of five Hawke’s Bay orchards is now unconditional
Settlement expected within five working days
Net proceeds initially to repay bank debt
FY26 earnings guidance remains suspended amid Kiwi Crunch uncertainty
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New Zealand Rural Land Company (NZX:NZL)
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