#Agriculture #Investment #Sustainability #GreenhouseFarming #AgriculturalInnovation #CenturiaAgricultureFund #FarmManagement #EnvironmentalStewardship
Centuria Capital Group’s recent acquisition of a A$21.5 million greenhouse and glasshouse facility in South Australia marks a significant expansion for the Centuria Agriculture Fund (CAF). The new addition, operated by P’Petual Holdings, adds to CAF’s portfolio of high-profile farms across Australia, emphasizing a strategic move towards sustainable and revenue-generating agricultural assets.
The newly acquired property boasts 12 hectares of protected cropping, comprising 6 hectares of glasshouses and 6 hectares of double-skinned plastic greenhouses. With the capacity to produce approximately 1,488 tonnes of tomatoes, 136 tonnes of cucumbers, 517 tonnes of eggplants, and 43 tonnes of capsicums annually, the facility aligns with CAF’s focus on high-quality assets leased to reputable operators.
Furthermore, the property’s sustainability initiatives, including robust water management, carbon emissions recycling, and integrated pest management, highlight a commitment to environmental stewardship and operational efficiency.
With planning approval for an additional 4-hectare glasshouse, the acquisition underscores Centuria’s dedication to facilitating growth opportunities for agricultural innovators like P’Petual Holdings.
Centuria’s strategic acquisition not only expands CAF’s investment portfolio but also signifies a commitment to sustainable agriculture and strategic partnerships within the industry. As the demand for high-quality produce grows, investments in state-of-the-art facilities equipped with environmentally friendly practices are essential for long-term success in the agricultural sector.
