In a week that has been overshadowed by reports of bad weather throughout NZ’s prime horticultural and agricultural land, it has been pleasing to see that demand for horticulture land is high. Bayleys real estate company said that horticultural land is selling well with emerging fruit crops attracting newcomers.
Sales prospects for New Zealand’s horticultural sector look positive with apples, kiwifruit and avocados leading the charge and the sector is expected to be worth $10 billion a year by 2020.
Behind the high profile crops some lesser known fruit is also expected to bring opportunities for landowners wanting to spread their risk. Investors appear keen to enter the emerging high value horticultural export crops.