South American Real Estate News
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Incredibly high’ NZ land prices divert dairy farm investors to Chile

The “incredibly high” bubble prices of New Zealand dairy farms have prompted a number of savvy farm investors to switch some of their new investments to Chile where the dairy sector offers “the best risk-adjusted returns in global agriculture”. The current market is  supported from strong growth in Asian consumption. “[This] might lead to a potential demand overhang for dairy products of as much as 5 billion litres by 2020,” said Detlef Schoen, head of farm investments…