Investor Update Presentation

The Blade, Level 4, 12 St Marks Road, Remuera, Auckland, 1050, New Zealand | +64 9 379 6493
www.nzrlc.co.nz
NEW ZEALAND Rural Land Co
WWW.NZRLC.CO.NZ
22 November 2021
New Zealand Rural Land Company (NZL) - Investor Update Presentation
NZL is now through its initial investment phase having successfully deployed all funds raised from its IPO in December 2020
and subsequent 2:3 rights issue in June 2021. NZL now owns over 10,800 hectares of premium New Zealand Rural Land
with a gross lease yield above 5% per annum and a total asset value of +$220M. NZL considers that the short-term macro
outlook for dairy remains positive as indicated by Fonterra’s forecast milk price range for 2022 of $7.90 to $8.90 per
kgMS.

NZL is forecast to pay its inaugural interim net cash dividend of 2.0cps in February 2022 (for the period ending 31 Decem-
ber 2021) and expects to pay a final net cash dividend in August 2022 of 2.7cps (for the period ending 30 June 2022).

NZL’s focus remains on identifying attractive opportunities to further expand its land ownership portfolio across rural asset
classes. In addition to building this diversification for its investors, NZL will be embedding its systems and processes across
its landholdings and leases alongside continuing to enhance reporting to investors, and articulating NZL’s sustainability
programme.

Attached to this announcement is an updated Investor Presentation as at 22 November 2021.
ENDS
For further information please contact:
Christopher Swasbrook
Mobile: 021 928 262
Email: chris@nzrlc.co.nz
Richard Milsom
Mobile: 021 274 2476
Email: richard@nzrlm.co.nz

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INVESTOR UPDATE
22 November 2021
www.nzrlc.co.nz
listed on:
NEW ZEALAND Rural Land Co
SUSTAINABLE AOTEAROA

DISCLAIMER
The information and opinions in this presentation were prepared by New Zealand Rural Land Company
(NZL). NZL makes no representation or warranty as to the accuracy or completeness of the information in
this report. Opinions including estimates and projections in this report constitute the current judgment of NZL
as at the date of this report and are subject to change without notice. Such opinions are not guarantees or
predictions of future performance. This report is provided for information purposes only and does not constitute
investment advice. Neither NZL, nor any of its Board members, officers, employees, advisers (including New
Zealand Rural Land Management Limited) or any other representatives will be liable for any damage, loss or
cost incurred by any recipient of this report or other person in connection with this report.
All images were taken on site of various farms held within NZL’s portfolio.
02
NEW ZEALAND RURAL LAND COMPANY

On 10 November 2021, NZL completed the
acquisition of a large scale dairy asset portfolio
in Maniototo, Central Otago totalling ~3,500
hectares. An agreement was also reached for a
new long-term tenancy agreement with a gross
lease rate >5%. This acquisition increases NZL’s
total portfolio to 10,812Ha/$220M total asset
value of rural land, all acquired within less than
11 months of listing on the NZX.
NZL’s audited Net Asset Value (NAV) was
$1.3968/share as at 30 June 2021. NZL
delivered +17.38% NAV growth for the period
ending 30 June 2021*. NZL reiterates its belief
that it can continue to deliver NAV growth in
the short to medium term driven by a positive
macro story. Fonterra is currently forecasting
a 2021/2022 milk price between $7.90 and
$8.90 per kgMS, which is ~30% above the 10
year average.
In the near term, NZL is focused on further
developing its acquisition pipeline in the rural
sector; paying its inaugural dividend in respect
of the six month period ending on 31 December
2021; and, embedding its systems and processes
across its landholdings and leases alongside
continuing to enhance reporting to investors.
NZL expects to pay an inaugural interim dividend
of 2.0 cps in February 2022 and follow-up with
a final dividend in August 2022 of 2.7 cps, for a
total dividend of 4.7 cps in FY22. NZL highlights
that it has one of the longest WALTs (10.65 years)
and one of the highest forecast dividend yields in
the NZ listed property sector.
NEW ZEALAND RURAL LAND COMPANY
HIGHLIGHTS
01
04
02
05
03
NZL reported an inaugural net profit after
tax of +$15.115M as at 30 June 2021 after
successfully completing an IPO in December
2020 and acquiring $124.25M of rural land
within 6 months. NZL as at 30 June 2021 owned
a total of 6,797 Hectares of premium rural land
in Canterbury, Otago and Southland.
* Opening NAV per Share is $1.19 which assumes full participation in the NZL rights issue
03
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
TIMELINE
21 December 2020
Completed $75M IPO
and listed on the NZX.
23 March 2021
Announced first $ 10.24M
unconditional acquisition in
Southland, New Zealand.
01 June 2021
Settled $ 124.25M of
acquisitions in North
Otago, South Canterbury
and Southland New
Zealand.
04 June 2021
Announced 2:3 Rights
Issue at $ 1.10 / share.
01 August 2021
Completed $12M
acquisition in
South Canterbury,
New Zealand.
30 August 2021
NZL released its inaugural
Annual Result for
the period ending
30 June 2021.
10 November 2021
Settled $60.64M acquisition
in Otago, New Zealand.
23 September 2021
Completed rights issue &
shortfall placement to raise
$38.8M.
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
BACKGROUND
NO DIRECT
EXPOSURE
to volatile
commodity prices
NO DIRECT
EXPOSURE
to on-farm risks
(via either sharemilker
or operational partner)
NO DIRECT
EXPOSURE
to animal health
risks
LIMITED
EXPOSURE
to environmental
risks
NO DIRECT
EXPOSURE
to farmer co-ops
NZL as at 22 November 2021 owns 10,812 Hectares (Ha) of premium dairy land in the South Island of New Zealand with some of the most experienced farmers
in the country as long-term tenants.
New Zealand Rural Land Company (NZL) was incorporated for the purpose
of acquiring rural land across New Zealand’s agricultural sector and is the
only agricultural land based listed property company on the NZX.
NZL separates land ownership and operations. NZL is a change agent within the agricultural sector seeking to improve capital efficiency for its tenants while offering
its investors a clear separation from traditional on-farm risks:
05
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
A RURAL LAND OWNER IN A WORLD LEADING AGRICULTURAL ECONOMY
COUNTRY PARTNER
OF THE GLOBAL FARM 2050 INITIATIVE
The Farm 2050 Initiative is a global programme focused
on feeding the world’s population in a sustainable way.
Source: farm2050.com
1
ST
YEARS OF RESEARCH HAS LED TO
WORLD-LEADING DAIRY PRODUCTS
Through innovation New Zealand turns milk into more
than 1,500 products and product specifications. Almost a
hundred years of research has led to a number of ‘firsts’
for breakthrough products.
Source: New Zealand Dairy Research Institute: A History of the First Fifty Years,
19 27 - 19 7 7
10 0
90
M
PEOPLE COULD GET ALL THEIR DAIRY
FROM NEW ZEALAND
New Zealand farmers and dairy companies produce
the equivalent to two and a half serves of milk per day
for around 90 million people each year.
Source: Dairy Companies Association of New Zealand
2
ND
OUT OF 181 COUNTRIES FOR
CLIMATE CHANGE READINESS
New Zealand is ranked 2
nd
on the Notre Dame Global
Adaptation Country Index. The index summarises a
country’s economic, governance and social readiness
and its exposure, sensitivity and capacity to adapt to the
negative effects of climate change.
Source: University of Notre-Dame, ND-GAIN Index 2017
NEW ZEALAND DAIRY FARMERS HAVE THE
WORLD’S LOWEST CARBON FOOTPRINT
AgResearch found that New Zealand is the most efficient
producer at 0.77 kg CO2e per kg FPCM - this is 48% less
than the average of countries studied.
Source: DairyNZ
1
ST
C0
2
06
NEW ZEALAND RURAL LAND COMPANY

PORTFOLIO UPDATE

NEW ZEALAND RURAL LAND COMPANY
FY22 ACQUISITION - MANIOTOTO
On 10 November 2021, NZL completed the acquisition of a large scale dairy asset portfolio comprising of
six dairy assets in Maniototo, Central Otago totalling approximately 3,500 hectares.
Within the six farms there is a mixture of productive dairy platforms, support farms, and modern infrastructure. The
farms have averaged over 2.4M kilograms of milk solids per annum since 2017 and the assets have been well
maintained with investment in infrastructure to mitigate environmental impacts and climate change risks.
Approximately 70% of the assets are covered by central pivot irrigation (the most efficient irrigation method
available to the region). This irrigation platform has been enhanced by the construction of a 1,100,000m
3
dam
to increase water reliability.
MANIOTOTO
purchase pricelocationtotal hafarm typelease ratetenant
$60,640,000
Maniototo,
Central Otago
~3,500Dairy Farm>5%
WHL Capital
Limited
08
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
FY22 ACQUISITION - MAKIKIHI
On 1 August 2021, NZL completed the acquisition of a 493 Ha Hybrid Dairy Farm. NZL has already entered
into a lease of this property with Performance Dairy Limited that will be for 11 years with two 12 year rights
of renewal.
The property has low levels of nutrient leaching, an A Grade Farm Environmental Plan Audit and the ability to
easily scale production to take advantage of high milk payout years.
NZL has also entered a put and call options deed where interests associated with the vendor may call for the
repurchase of Makikihi Farm from NZL at any time. In addition, in approximately 2 years’ time, NZL will have the
option to put the Makikihi Farm to the vendor and require it to purchase it back. In either case the purchase price
will be $12M plus 4.66% per annum.
MAKIKIHI ROAD
purchase pricelocationtotal hafarm typelease ratetenant
$12,000,000
Waimate, South
Canterbury
493
Hybrid Dairy
Farm
5.34%
Performance
Dairy Limited
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
PORTFOLIO AS AT 22 NOVEMBER 2021
NZL’S ACQUISITIONS PER ANNUM (P.A.)
NZL‘S TOTAL (CUMULATIVE) RURAL LAND PORTFOLIO
The charts below detail by Financial Year NZL’s rural land portfolio - including revaluations gains/losses (if any).
*FY21 Revaluations totalled +$16.525M
$160
$140
$120
$100
$80
$60
$40
$20
$ -
FY21YTD
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
18,000$180
NZ$ Millions
Hectares
20,000
22,000
24,000
$220
$200
$240
$160
$140
$120
$100
$80
$60
$40
$20
$ -
FY21
YTD
FY21 Revaluations*
FY22 Purchases
to date
FY21Purchase Price
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
18,000$180
NZ$ Millions
Hectares
Hectares
20,000
22,000
24,000
$220
$200
$240
FY21 Revaluations*
FY22 Purchases
to date
FY21Purchase Price
Hectares
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
PORTFOLIO OVERVIEW AS AT 22 NOVEMBER 2021
1 Excluding transaction costs
2 Weighted Average Portfolio Cap Rate Based on Purchase Price excluding Transaction Costs
3 WALT is weighted by lease value.
4 One of our tenants lease farms in both Canterbury and North Otago
locationotago/southlandcanterburytotal
land
area (ha)4,4826,33010,812
rural asset classDairyDairyDairy
purchase price
1
$83.61M$113.68M$196.89M
weighted average
cap rate
2
5.79%5.44%5.56%
walt (years)
3
10.4310.5510.50
# tenants335
4
occupancy100%100%100%
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
LEASE PROFILES AS AT 22 NOVEMBER 2021
NZL’s WALT (Weighted Average Lease Term) is currently 10.50 years.
NZL’s leases all have 3, 6, and 9 year CPI increases with rights of renewal in years 10 and 11
(tenancy dependent).
NZL LEASE EXPIRY BY TENANT
90%
100%
80%
70 %
60%
50%
40%
30%
20%
10 %
0%
FY22FY23FY24FY25FY26FY27FY28FY29FY30FY31FY32FY33
Tenancy 4
Tenancy 2Tenancy 1 Tenancy 3
Tenancy 5
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
TENANT CONCENTRATION AS AT 22 NOVEMBER 2021
NZL Tenant Concentration as a % of Lease Value
NZL’s current tenant concentration is detailed in the pie chart (right).
NZL expects its tenant concentration to reduce as it continues to grow its
asset and tenant base.
13
11%
39%
12%
5%
33%
Tenancy 1Tenancy 2Tenancy 3Tenancy 4Tenancy 5
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
CAPITAL STRUCTURE OVERVIEW AS AT 22 NOVEMBER 2021
As at 22 November 2021, NZL’s total debt is $88.50M with Rabobank (NZ).
NZL’s Average Cost of Debt = 2.9% as at 22 November 2021. [NZL has swaps in place for ~27% of its debt facility with Rabobank.]
NZL DebtNZL Debt Facility Tranches as at 30 June 2021
$ 60
$ 50
$ 40
$ 30
$ 20
$ 10
$ -
As at 30 June 2021As at 22 November 2021
$54.25M
$ 90
$ 80
$ 70
33.33%
33.33%
33.33%
2 Year (Facility A)3 Year (Facility B)5 Year (Facility C)
$88.50M
14
NEW ZEALAND RURAL LAND COMPANY

FFO/AFFO/DIVIDEND FORECASTS
15
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
FFO/AFFO FORECASTS
*
BASED ON CURRENT PORTFOLIO
Forecast Adjusted Funds from Operations (AFFO):
* FFO and AFFO forecasts are sensitive to assumptions for, interest rates (source: Rabobank swap curve indicative rates as at 29 October 2021), operating expenses, repairs and
maintenance and maintenance CAPEX. Any variances to budget would have a direct impact on both forecast and reported FFO/AFFO.
** Based on Share Price as at 22 November 2021 of $1.11 and shares on issue of 96,900,000.
Note: Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) are non-GAAP financial information and are common property investor metrics, which have been
calculated in accordance with the guidelines issued by the Property Council of Australia.
Forecast FFO / Share
**
from Current Portfolio
7.00
6.50
6.00
5.50
5.00
4.50
30 June 202230 June 2023
5.93 cps
30 June 2024
6.53 cps
6.46 cps
Cents per share (cps)
5.82%
5.88%
5.34%
Forecast AFFO / Share
**
from Current Portfolio
7.00
6.50
6.00
5.50
5.00
4.50
30 June 202230 June 2023
4.93 cps
30 June 2024
6.03 cps
6.46cps
Cents per share (cps)
5.82%
5.43%
4.45%
Forecast Funds from Operations (FFO):
FY2022 to FY2024 FFO is the organisation’s underlying and recurring earnings from its operations. This is determined by
adjusting statutory net profit for certain non-cash and other items.
16
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
NET CASH DIVIDEND YIELD FORECASTS BASED ON CURRENT PORTFOLIO
Forecast Net Cash Dividend & Yield (%) / Share
*
7.00
6.50
6.00
5.50
5.00
4.50
30 June 202230 June 2023
4.70 cps
30 June 2024
5.70 cps
6.10 cps
Cents per share (cps)
5.50%
5.14%
4.23%
NZL’s dividend policy is to payout 95% of AFFO;
NZL is currently forecasting a FY22 net cash dividend of 4.70 cps this equates to a net cash dividend yield of 4.23%
*
rising to 5.50%
*
in FY24;
Forecast net cash dividends, based on NZL’s current portfolio and shares on issue as at 22 November 2021
*
are detailed below:
* Based on Share Price as at 22 November 2021 of $1.11 and shares on issue of 96,900,000.
Note: NZL is a listed Portfolio Investment Entity (PIE) meaning that there is no further tax to pay on dividends
(for individual tax payers they can choose to include it as taxable income to claim imputation credits if there
are any).
17
NEW ZEALAND RURAL LAND COMPANY

NAV GROWTH
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
ATTRACTIVE GROWTH IN NET ASSET VALUE (NAV) PER SHARE FOR
PERIOD ENDING 30 JUNE 2021 WHICH WE EXPECT TO CONTINUE
NZL’s growth in Audited Net Asset Value (NAV) for the year ending 30 June 2021 highlights a combination of attractive large scale acquisitions and industry
tailwinds for high-quality rural properties.
NZL expects further growth in Net Asset Value based on a continuation of the above factors in FY22.
Net Asset Value Growth per Share - Assuming Full
Rights Issue Participation
+17.38%
* Based on Audited Financial Statements and 78,930,970 shares on issue.
$ 1.40
$ 1.35
$ 1.30
$ 1.25
$ 1.20
$ 1 .15
$ 1.10
$ 1.05
$ 1.00
Cost Base Assuming Full Par-
ticipation in 2:3 Rights Issue
Audited NAV/Share as at 30
June 2021*
$ 1.3968
$ 1.1900
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NEW ZEALAND RURAL LAND COMPANY

COMPANY & MANAGEMENT STRUCTURE + SHAREHOLDINGS
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NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
KEY PEOPLE AS AT 22 NOVEMBER 2021
NEW ZEALAND Rural Land Co
SUSTAINABLE AOTEAROA
ROB CAMPBELL
Independent Chair
Chair – WEL Group Limited
Chair - Tourism Holdings
Vice Chancellor - AUT
Chair - Heath NZ
CHRISTOPHER SWASBROOK
Executive Director
Managing Director – Elevation Capital Management
Limited
Board Member – Financial Markets Authority
Director – Allied Farmers, Bethunes Investment Limited,
Ruapehu Alpine Lifts Limited and Swimtastic Limited
Previously a Partner of Goldman Sachs JBWere Pty
Limited & Co-Head of Institutional Equities at Goldman
Sachs JBWere (NZ) Limited
SARAH KENNEDY
Independent Director
Director - Comvita NZ
CEO - Calocurb Limited
Previously CEO - Designer Textiles
International
Previously Vice President International
Farming - Fontera
Previously CEO / Member of the Board
of Directors - Vitaco Health Limited
Previously CEO - Healtheries of New
Zealand Ltd
HAYDEN DILLON
Consultant
Managing Partner Findex (Waikato) & Head of Agribusiness New Zealand for Findex.
Independent Director - Williams Holdings Limited
Independent Director - Aquila Sustainable Farms Limited and associated Limited Partner Farms.
Independent Director Rowing New Zealand.
Trustee - South Waikato Investment Fund
Chairman - Bioceta Limited
Previously - Senior Partner Bank Of New Zealand – Waikato
Previously - Corporate Relationship Manager Food Fibre & Beverage National Australia Bank - Melbourne
Fellow FINSIA
SHELLEY RUHA
Independent Chair
Director - Heartland Bank
Director - Icehouse
Director - 9 Spokes
Previously - Senior Management Team and leader of BNZ
Partners - BNZ
RICHARD MILSOM
Executive Director
Consultant - Elevation Capital Management Limited
CEO – Bellevue Enterprises Limited – Bovine & Porcine Genetic
Improvement & Sustainable Pork Production Company
Director - WZ Dairies
INFINZ Board Member
INFINZ Emerging Leader 2017
NEW ZEALAND Rural Land Management
MARISE JAMES
Non-Executive Director
Director - Allied Farmers
Partner - Baker Tilly Staples Rodway Taranaki,
Chair - Firstlight Wagyu NZ Limited,
Previously:
Founding director - Fonterra Co-operative Group
Director - FMG Insurance Limited
Director - Landcorp Farming Limited
Director - TSB Bank + TSB Trust
Chaired the Audit Committees of FMG and Landcorp.
CHRISTOPHER SWASBROOK
Consultant
Managing Director – Elevation Capital Management Limited Board Member – Financial Markets Authority (FMA)
Director – Allied Farmers Limited, Bethunes Investments Limited, New Zealand Rural Land Company Limited,
Ruapehu Alpine Lifts and, Swimtastic Limited
Previously a Partner of Goldman Sachs JBWere Pty Limited & Co-Head of Institutional Equities at Goldman Sachs
JBWere (NZ) Limited
TIA GREENAWAY
Independent Director
Hailing from Ngāti Tūwharetoa and
Waikato-Tainui
Leads the Rautaki Māori team for He Pou
a Rangi - Climate Change Commission
Various roles on Iwi and Ahu Whenua
Trusts and Committees
Bachelor of Music
Masters in Professional Accounting
Chartered Accountants ANZ
AGRICULTURAL ENVIRONMENTAL SPECIALIST
Independent Consultant
RURAL PROPERTY MANAGER
Rural Property Manager
RURAL VALUER
Independent Consultant
FARM CONSULTANT
Independent Consultant
21
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
EXTERNALLY MANAGED STRUCTURE
NEW ZEALAND Rural Land Co
SUSTAINABLE AOTEAROA
Listed
ROB
CAMPBELL
Independent
Chair
SARAH
KENNEDY
Independent
Director
CHRISTOPHER
SWASBROOK
Executive
Director
NEW ZEALAND Rural
Land Management
50.0%
16.5%
Hayden Dillon 6.0%
Richard Milsom 7.5%
Accountants
Auditors
Registry
Listed
Clyde & Rena
Holland
TIA
GREENAWAY
Independent
Director
20.0%
22
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
MANAGER & DIRECTOR OWNERSHIP INTERESTS
# Shares% Ownership
Clyde & Rena Holland9,589,3299.90%
Elevation Capital Management Limited6,497,280*6.71%
Allied Farmers2,081,5812.15%
Christopher Swasbrook1,835,000**1.89%
Richard Milsom120,0000.12%
Rob Campbell116,6660.12%
Hayden Dillon100,0000.10%
Shelley Ruha80,0000.08%
Sarah Kennedy33,0000.03%
Tia Greenaway5,0000.01%
Total20,457,8562 1 . 11 %
NZL’s Director and Manager Shareholding Interests as at 22 November 2021:
All Directors & Shareholders of the Manager are investors in NZL (including Independent Chair of the Manager
- Shelley Ruha).
* Elevation Capital Management Limited has clients that hold 6,397,280 shares. Elevation Capital Management Limited does not have discretion on these holdings.
** Elevation Capital Management Limited (Christopher Swasbrook) holds 325,000 NZL shares directly and has discretion (but a non-beneficial interest) for 1,510,000 shares.
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NEW ZEALAND RURAL LAND COMPANY

FOREIGN OWNERSHIP
24
NEW ZEALAND RURAL LAND COMPANY

NEW ZEALAND RURAL LAND COMPANY
FOREIGN OWNERSHIP
NEW ZEALAND BUYER
NZL is highly advantaged
because it is a New Zealand
buyer of rural land
CURRENT LISTED
COMPANY FOREIGN
OWNERSHIP RULES
Under the Overseas Investment
Amendment Act 2021, NZL
can have foreign domiciled
shareholders of up to 49.9%
of its share register (subject to
certain share parcel restrictions).
Private companies in NZ are
limited to less than 25%.
CURRENT NZL FOREIGN
OWNERSHIP
As at 30 September 2021,
NZL has foreign domiciled
shareholders amounting to
~26.08% of its share register.
25
NEW ZEALAND RURAL LAND COMPANY

INVESTOR CONTACTS

NEW ZEALAND RURAL LAND COMPANY
INVESTOR CONTACTS
Christopher Swasbrook
chris@nzrlc.co.nz
+64 21 928 262
Level 4, The Blade
12 St Marks Road
Remuera
Auckland 1050
New Zealand
Richard Milsom
richard@nzrlm.co.nz
+64 21 274 2476
Level 4, The Blade
12 St Marks Road
Remuera
Auckland 1050
New Zealand

New Zealand Rural Land Company
Level 4, 12 St Marks Road
Remuera
Auckland 1050
New Zealand
+64 9 379 6493
info@nzrlc.co.nz
www.nzrlc.co.nz

nzrlc
nzrlc
listed on:
NEW ZEALAND Rural Land Co
SUSTAINABLE AOTEAROA
28
NEW ZEALAND RURAL LAND COMPANY