Southern Cross Horticulture is seeking investors for its new Bay of Plenty orchard. This means that an opportunity to invest in one of New Zealand's success stories - the kiwifruit industry - is being offered in a new orchard near Te Puke in the Bay of Plenty.
The Hereford Park orchard, currently under development by Southern Cross Horticulture (SCH), is being opened to wholesale investors. Now SCH is offering a direct connection between grower and investment partners.
"Kiwifruit is a New Zealand success story and it's a great chance for investors to diversify their portfolios. Located about 15 minutes from Te Puke it's in a prime growing region, with favourable elevation, climate, and soil," says CEO Andrew Dunstan.
The first crops are expected to be harvested at Hereford Park in 2025 and SCH is budgeting for an average return of 10.1 per cent per annum over 10 years.
Source: nzherald.co.nz
