Blog Post

Chinese real estate collapse spawns Australian ag asset sale rumours

The Yougawalla and Argyle cattle assets in the Kimberly include some 180,000 head of cattle

THE spectacular collapse in the Chinese real estate market has had repercussions in the Australian ag sector, with a Hong Kong-based investor family evidently poised to offload their extensive Kimberley cattle property assets.

However there is no evidence yet that the Hui family’s asset sale plans extend to their large investment in the Bindaree beef processing plant in northern NSW, nor its large commercial real estate holdings in Sydney and elsewhere.

Shimao Property Holdings was founded in…

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