Monday 17 September 2018

UPDATE 1-Qatar's Hassad Food to merge Australia farm portfolio with Macquarie's - QNA | Reuters

UPDATE 1-Qatar's Hassad Food to merge Australia farm portfolio with Macquarie's - QNA | Reuters:

Qatar’s Hassad Food IPO-HASS.QA, the agricultural arm of the country’s sovereign wealth fund, is merging its Australian farm portfolio with that of Macquarie Group.

The investments will be incorporated into the Macquarie Infrastructure and Real Assets (MIRA) agricultural portfolio, according to a statement on the state-run Qatar News Agency.

The transition of the “significant majority of farms to MIRA’s agricultural portfolio” is expected to be completed before the end of the month, the statement said.

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