Warakirri Farmland Fund, managed by Warakirri Asset Management Pty Ltd entered into binding agreement to acquire Two Large Scale Vineyards from Australian Vintage Ltd (ASX : AVG) for AUD 62.5 million on December 2, 2022. The Foreign Investment Review Board (FIRB) has approved the transaction. The transaction is expected to complete on late December.

Warakirri Farmland Fund, managed by Warakirri Asset Management Pty Ltd completed the acquisition of Two Large Scale Vineyards from Australian Vintage Ltd (ASX : AVG) on December 19, 2022. The 90% of proceeds have received. The residual 10%, associated with government transfer of water rights, is expected to be received in the first half of calendar year 2023.