12 May 2011

Growing interest in Europe in buying NZ farms

6:37 am on 12 May 2011

A rural real estate company says there is growing interest from European farmers and investors in buying farms in New Zealand.

PGG Wrightson Real Estate is preparing to advertise about 40 New Zealand properties next month at a British equivalent of Field Days, called Cereals.

General manager Stuart Cooper expects a good response from investors in Europe.

Another group of potential buyers is New Zealanders who have accumulated wealth in Europe and want to invest in their home country.