Macquarie Group has listed its Lawson Grains portfolio, with the 105,000-hectare farmland expected to fetch about $500 million.
Known as one of Australia’s largest corporate grain farmers, Lawson Grains will be selling the Walyoo aggregation at Regans Ford – one of 10 properties the company owns and one of six in Western Australia.
Since being established in 2012, the Macquarie Crop Partners owned farming entity quickly acquired properties of more than 100,000ha to own and operate.
Walyoo was purchased in 2014, with the site underpinned by a yearly soil testing targets, with strategically-located water infrastructure to support spraying – the area also has an average annual rainfall of 530mm.
The property is typically planted to wheat, barley, canola and lupins, and also has a 672 megalitre ground water license.
It’s understood Lawson Grains is selling Walyoo due to limited opportunities to upscale the property to meet demands of its growing production base.
Land Agribusiness Water Development (LAWD) is handling the sale of the property, which one of the country’s most significant broadacre sales history.
During its 10-year history, Lawson Grains have grown to become Australia’s leading corporate grain farmer.
“We have done this through investments in people, environments and best practice,” the company explains.
“We have a team of passionate people and stakeholders who are engaged in the industry for the long run. We have the scale to achieve operational economies, with land holdings across 10 properties around Australia. We also observe world’s best practice, utilising the latest technologies and innovation.
“We are proud to be a corporate farmer. For us, corporate farming means we balance our business and societal responsibilities to provide enduring and sustainable benefits to our shareholders, stakeholders, partners and the communities where we operate.”
Lawson Grains’ WA properties
- St Leonards, Wongan Hills, 5698ha
- Wongan, Wongan Hills. 10,770ha
- Hakea, Esperance,12,734ha
- Gunnadoo, Jerramungu, 11,259ha
- Jerry South, Jerramungup, 5983ha
