Centuria Capital to acquire Sundrop Farms from Morrison & Co for $57m.

Centuria Capital, an investment manager, agreed to acquire Sundrop Farms, a sustainable horticulture operator, from Morrison & Co, an alternative asset manager, for $57m. “This high-quality glasshouse facility was constructed in 2016, incorporating modern renewable energy, heating and irrigation sources, which creates highly sustainable, premium fresh produce. These are strong fundamentals that underpin a well performing agriculture real estate investment," Andrew Tout, Centuria Head of Agriculture.