UK's CPC Expands Australian Land Holdings to 6M Hectares with 204k-Hectare Ranch Buy

Consolidated Pastoral Company (CPC), a British firm, acquired a 204,000-hectare cattle ranch in Australia, bringing its total landholdings to over 6 million hectares. This continues a trend of foreign investment in Australian agricultural land, which may raise regulatory and food-security concerns. The deal signals confidence in Australian beef markets and land values.