Alterra: Secures avocado farm in WA
- Agricultural business, Alterra (1AG) has secured a 300-hectare avocado project in Pemberton, Western Australia
- Then the project called the “Carpenters Project” and is the first-large scale avocado project for the company
- The lease for the project is up to 50 years
- Alterra’s subsidiary, Carpenters Beedlup, also will be building the avocado farm
- This project is the cornerstone to launch a new business model in Western Australia
- Alterra remains in the grey on the market today, selling shares for 3¢ each
