•   
  •   

Australia North Star Pastoral's Maryfield, Limbunya stations tipped to sell for at least $150m

22:15  22 november  2020
22:15  22 november  2020 Source:   abc.net.au

Sunderland owner 'agrees to sell to consortium led by 22-YEAR-OLD'

  Sunderland owner 'agrees to sell to consortium led by 22-YEAR-OLD' Sunderland owner Stewart Donald has agreed a deal to sell the club to a consortium that is led by minority shareholder Juan Sartori and 22-year-old Kyril Louis-Dreyfus. Donald will still retain a 15 per cent stake in the League One club, according to The Guardian.Donald has been looking to sell the club all year. Sartori, meanwhile, currently holds a 20 per cent stake at the Stadium of Light.

North Star Pastoral ' s Colin Ross, one of the country's biggest landowners, has put two of his prized Northern Territory cattle stations on the market, amid a surge Price expectations are understood to be in excess of $ 150 million for North Star 's Limbunya and Maryfield stations , which cover 670,000

North Star Pastoral , Katherine, Northern Territory. 2,127 likes · 503 talking about this. North Star Pastoral is a privately owned company consisting of

Maryfield Station, south-west of Katherine, has a 10,000-head feedlot and bitumen access. (Supplied: Nutrien Harcourts) © Provided by ABC NEWS Maryfield Station, south-west of Katherine, has a 10,000-head feedlot and bitumen access. (Supplied: Nutrien Harcourts)

Two significant Northern Territory cattle stations — including the home of one of the largest feedlots in northern Australia — are up for sale and expected to fetch more than $150 million combined.

The owner of North Star Pastoral, Colin Ross, is selling Maryfield Station, 100 kilometres south-east of Katherine, as well as Limbunya Station, in the Victoria River District.

The properties cover more than 650,000 hectares and will be sold with 50,000 head of Brahman and Brahman-cross cattle.

Jimmy Page: COVID-19 pandemic has made me think about coming back

  Jimmy Page: COVID-19 pandemic has made me think about coming back Led Zeppelin legend Jimmy Page says the COVID-19 pandemic has been disastrous for the music business because no concerts have been able to take place.The 76-year-old guitarist has been planning a live comeback for the past few years, following his last reunion with the ‘Whole Lotta Love’ rockers in 2007 at the tribute concert hosted at The O2 in London for late Atlantic Record President Ahmet Ertegun.

Maryfield Station owned by North Star Pastoral Company in the Northern Territory. (Daniel Fitzgerald). Colin Ross from North Star Pastoral Company, which owns Maryfield , Hodgson River and Limbunya Stations said he wanted the right to veto mining and gas company activity on his land.

In less than 2 years, “Hamilton” has become a cultural phenomenon. Not only did it introduce many teenagers to the world of theatre, it also gave the world a history lesson. The show humanizes the founding fathers, shows us that they were actual people with emotions and personal relationships.

Maryfield Station has a newly built 10,000-head capacity feedlot — one of only a handful in the NT — and bitumen access, a rarity for many NT stations.

Danny Thomas from CBRE Agribusiness said it was the right time to sell the properties.

"To really maximise the benefits of what has been developed on Maryfield, it needs people with greater resources that can add cash and cattle and take it to the next level," he said.

"Colin [Ross] is keen for someone else to take on the stewardship of the asset from here.

"[Maryfield and Limbunya] are the industrial portion of [North Star Pastoral's] portfolio and they tie beautifully together."

Potential interest from buyers

Mr Thomas said he anticipated the properties would sell for "in excess of $150 million" and attract a range of interested parties.

Remembering the 1946 Pilbara strike, Australia's longest, that paved the way for Indigenous rights

  Remembering the 1946 Pilbara strike, Australia's longest, that paved the way for Indigenous rights When West Australian sheep station workers went on strike for fair wages and decent conditions, they wrote one of the most important chapters in Australia's history.WARNING: Aboriginal and Torres Strait Islander readers are advised that this article contains images and names of people who have died.

►Battlegrounds Tips : Parachute Faster & Farther (PUBG) - Продолжительность: 5:32 BrassMonkeigh - PUBG, Call of Duty WW2 & More!

North Star Hotel Staðarflöt is conveniently located by fjord Hrútafjörður this north -western Iceland property is next to the Ring Road Hotel has nicely furnished rooms in two separate houses. All rooms have private bathrooms. The hotel is close to the head of Hrútafjörður fjord on the west side of a moor

"While we think the properties sit really well together, we are happy to separate them as well," he said.

"It is an international expression of interest, so it will embrace a whole lot of interest from some foreign groups.

"Having said that, one of the most active segments at the moment is the domestic market and there are some people there that could really transform their business if they pulled on a facility like Maryfield.

"Some of the live export-orientated businesses may think about it, and of course there are a lot of new entrants from Argentina, South Africa and Vietnam.

"This facility would make a lot of sense to them."

Rinehart looks to sell

Last week Gina Rinehart's company confirmed it intended to divest several properties from its portfolio of 25 across northern Australia.

"Under the direction of executive chairman Gina Rinehart, Hancock Agriculture has experienced significant growth in recent years," the statement said.

Severe thunderstoms set to break heatwave across Australia's southeast

  Severe thunderstoms set to break heatwave across Australia's southeast Here is the weather forecast for Australia, Sunday November 22, 2020 including showers and thunderstorms across South Australia, Victoria, Tasmania, and New South Wales.A trough will produce showers and storms in northern parts of South Australia and Western Australia, while onshore winds will direct coastal showers in central and northern Queensland.

3. Travel to stars . 4. Star dreams. 5. Popular hobby. Chiltern Railways plans to sell tickets through mobile phones. These programmes have at least one thing in common: they cover cross-border projects involving partners from two, and often three or more, EU countries.

Polaris, the North Star , is an important navigational star because its position in the sky is almost exactly (within a fe… Like the Big Dipper, the Little Dipper (Ursa Minor) is composed of seven stars , three in the handle and four in the head of the spoon (marked in red).

"Property acquisitions have been followed by significant investment focussed on improving cattle herd quality, employee safety and animal welfare, using technology and innovation as a key platform for improvement across the portfolio.

"Given inter alia the significant improvements and value creation that has been achieved from these investments, the company will now look to divest several properties to focus on more agricultural and cattle opportunities."

Two of Ms Rinehart's properties share a boundary with Limbunya Station.

The famed Wave Hill Station and its outstation Cattle Creek, which cover more than 1.2 million hectares, have also recently been listed for sale, with expectations the properties and their 40,000 cattle could make $100 million.

Mr Thomas said he saw the potential sale of Hancock Agriculture's properties and other stations not as competition for North Star's properties, but as an opportunity for potential buyers.

"For a decent-sized fund or corporate that wants to come in and really get themselves set with enough breeding country to feed into Maryfield, they can do that all at once here," he said.

"That would often take generations to be able to achieve, so it's very much an opportunity rather than competition."

In 2019, a bid by North Start Pastoral to clear more than 20,000 hectares of native vegetation on Maryfield Station — in what would have been the NT's largest single land-clearing permit — was knocked back after being challenged in the NT Supreme Court.

Maryfield was subsequently granted a clearing permit for 4,544 hectares, and was last week granted a licence to extract 3,392 megalitres of groundwater per year for agricultural use.

From boarding school to station school: Meet the next-generation cowboys of the Kimberley .
The isolation of northern cattle stations means COVID-19 was just a 'small hiccup' for the next generation of Kimberley cowboys.The 18-year-old is part of a new generation of Aboriginal workers embracing the heat and hard work of the pastoral industry, despite being raised in towns far from the dusty yards.

usr: 20
This is interesting!