AGRIBUSINESS VALUATION &
Colliers International Valuation & Advisory Services have been appointed for some of the largest multi-national corporations and institutions at both a domestic and global level. In Australia, we have acted for large corporations, institutions, financiers and local, state and federal government in undertaking valuation services and providing advice on wide-ranging issues and projects. The agribusiness department is well experienced in multiple facets of advisory services including due diligence and financial reporting as well as valuations.
OUR SOLUTIONS
Financial Reporting
Acquisition & Disposal
Due Diligence
Capital Raising
Feasibility Studies
Financing & Refinancing
Insurance Requirements
Lease Reviews
Government Property Services
Statutory & Litigation Advisory
OUR SOLUTIONS
Australian Food and Fibre to PSP Investments
Overview
Building on previous transactions in 2014 where the Agribusiness Transaction Services team sold Bengerang via Moree, the team were approached by Australian Food and Fibre who was seeking a succession plan for the minor shareholders and older family members from this previously ASX-listed and now private company. Rawdon Briggs oversaw 50% capital placement which was invested into the Joint Venture underwritten and secured by PSP Canada as a long-term capital partner for this expanding cotton and grain-growing agribusiness. Once the transaction was complete, Shaun Hendy and the Colliers International Agribusiness Valuation & Advisory team were invited to submit a quote, and were successful, and provided valuation services for the asset.
The AFF joint venture is the 6th platform for PSP globally, as a ‘buy then operator investor’ seeking world-class assets. Some of their previous acquisitions the Colliers International ANZ Agribusiness team have acted either for our vendors or for PSP through to a transaction completion.
Boongargil, QLD
Overview
After deciding that he and his family would market their dryland and irrigation property as a sale and leaseback operation, Garry Campbell approached Rawdon Briggs and the Colliers International Agribusiness team who recommended an Expression of Interest campaign to unearth all potential property solutions. Being a family operation, it was important that the team handled the listing with sensitivity and were supportive throughout the process.
After a good response to the marketing campaign, Rawdon worked patiently in negotiations with the buyers and made sure all the details were completed and understood before introducing the farm to a prospective buyer. This ensured only qualified buyers were ever involved, saving a lot of time and energy. Finally, a sale and lease agreement was reached and all parties were satisfied, and Colliers International Agribusiness were left a glowing testimonial from the vendors.
Lynora Downs’ Rolleston QLD
Overview
The owners of ‘Lynora Downs’, an outstanding cotton property stretched across over 4800 hectares in the northern end of Queensland’s Arcadia Valley, had the asset listed with another commercial agency for sale. The long and protracted marketing campaign had failed to produce suitable offers.
Challenges
Shaun Hendy, Colliers International Valuation & Advisory was contracted to provide advisory services for ‘Lynora Downs’, in which he was certain to focus on unearthing and bringing transparency to the value of the water resources associated with the property.
Integrated Solution
Shaun conducted the valuation requirements, and during the process Colliers worked with the client and identified surplus water rights and potential for additional development. This was supported with by independent hydrology report. Following the completion of the valuation, Rawdon Briggs and Colliers International Agribusiness Transaction Services team were invited to submit a proposal to take over the marketing process for sale, and was subsequently appointed to sell the prized asset.
Result
The valuation was approximately 20% more than previous offers, but due to the additional value identified by Shaun, and the comprehensive marketing campaign conducted by Rawdon and his team, a contract was entered after strong competition by two serious buyers. The price achieved closely reflected the valuation completed.
AGRIBUSINESS VALUATION &
ADVISORY SERVICES
Colliers International Valuation & Advisory Services have been appointed for some of the largest multi-national corporations and institutions at both a domestic and global level. In Australia, we have acted for large corporations, institutions, financiers and local, state and federal government in undertaking valuation services and providing advice on wide-ranging issues and projects. The agribusiness department is well experienced in multiple facets of advisory services including due diligence and financial reporting as well as valuations.
OUR SOLUTIONS
Financial Reporting
Acquisition & Disposal
Due Diligence
Capital Raising
Feasibility Studies
Financing & Refinancing
Insurance Requirements
Lease Reviews
Government Property Services
Statutory & Litigation Advisory
OUR SOLUTIONS
Australian Food and Fibre to PSP Investments
Overview
Building on previous transactions in 2014 where the Agribusiness Transaction Services team sold Bengerang via Moree, the team were approached by Australian Food and Fibre who was seeking a succession plan for the minor shareholders and older family members from this previously ASX-listed and now private company. Rawdon Briggs oversaw 50% capital placement which was invested into the Joint Venture underwritten and secured by PSP Canada as a long-term capital partner for this expanding cotton and grain-growing agribusiness. Once the transaction was complete, Shaun Hendy and the Colliers International Agribusiness Valuation & Advisory team were invited to submit a quote, and were successful, and provided valuation services for the asset.
The AFF joint venture is the 6th platform for PSP globally, as a ‘buy then operator investor’ seeking world-class assets. Some of their previous acquisitions the Colliers International ANZ Agribusiness team have acted either for our vendors or for PSP through to a transaction completion.
Boongargil, QLD
Overview
After deciding that he and his family would market their dryland and irrigation property as a sale and leaseback operation, Garry Campbell approached Rawdon Briggs and the Colliers International Agribusiness team who recommended an Expression of Interest campaign to unearth all potential property solutions. Being a family operation, it was important that the team handled the listing with sensitivity and were supportive throughout the process.
After a good response to the marketing campaign, Rawdon worked patiently in negotiations with the buyers and made sure all the details were completed and understood before introducing the farm to a prospective buyer. This ensured only qualified buyers were ever involved, saving a lot of time and energy. Finally, a sale and lease agreement was reached and all parties were satisfied, and Colliers International Agribusiness were left a glowing testimonial from the vendors.
Lynora Downs’ Rolleston QLD
Overview
The owners of ‘Lynora Downs’, an outstanding cotton property stretched across over 4800 hectares in the northern end of Queensland’s Arcadia Valley, had the asset listed with another commercial agency for sale. The long and protracted marketing campaign had failed to produce suitable offers.
Challenges
Shaun Hendy, Colliers International Valuation & Advisory was contracted to provide advisory services for ‘Lynora Downs’, in which he was certain to focus on unearthing and bringing transparency to the value of the water resources associated with the property.
Integrated Solution
Shaun conducted the valuation requirements, and during the process Colliers worked with the client and identified surplus water rights and potential for additional development. This was supported with by independent hydrology report. Following the completion of the valuation, Rawdon Briggs and Colliers International Agribusiness Transaction Services team were invited to submit a proposal to take over the marketing process for sale, and was subsequently appointed to sell the prized asset.
Result
The valuation was approximately 20% more than previous offers, but due to the additional value identified by Shaun, and the comprehensive marketing campaign conducted by Rawdon and his team, a contract was entered after strong competition by two serious buyers. The price achieved closely reflected the valuation completed.