![TIGHTER RULES: Foreign investors should be required to make all their intentions clear before they invest in Australian agricultural land, according to Yorke Peninsula farmer Elden Oster. TIGHTER RULES: Foreign investors should be required to make all their intentions clear before they invest in Australian agricultural land, according to Yorke Peninsula farmer Elden Oster.](/images/transform/v1/crop/frm/silverstone-agfeed/2037963.jpg/r0_0_600_398_w1200_h678_fmax.jpg)
SA properties will be among a portfolio of holdings that Landmark Harcourts will showcase in China later this month.
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A delegation from the company, including chief executive Darren Cole and South East regional real estate manager Simon McIntyre, intends to visit Hong Kong, Shanghai and Beijing for meetings with international investors.
Mr McIntyre said they would offer a portfolio of farming, lifestyle and residential properties from the SE and Upper North. The trip would include a stint at the Beijing International Property Expo, which was expected to attract up to 40,000 people.
He said the company would provide real estate options throughout Australia.
"Some of the South Australian properties we will be showcasing are not on the market publicly," Mr McIntyre said.
"At the end of the day we live in a global market and the internet has proved to us there are people who are focusing on investing in Australia."
This was easily assessed when looking at the level of interest from overseas in Landmark property listings.
"We're able to look at the level of where the enquiry comes from, how many enquiries come in and measure that," Mr McIntyre.
"We have been doing that on a regular basis for any property we have listed and we're able to supply that to our clients.
"We don't hide behind the fact that our requirement is to maximise the outcome on behalf of vendors. It doesn't prevent anybody from purchasing these properties from within Australia or outside Australia - our idea is to broaden the scope of international interest, what level it's at and what their focus is on Australia."
Foreign investment has become increasingly topical ahead of this weekend's federal election with Prime Minister Kevin Rudd last week saying he preferred joint ventures over outright foreign ownership, and the very next day declaring himself an 'economic nationalist'
Meanwhile, the Coalition has said it would drop the Foreign Investment Review Board trigger from $244 million to $15m and set up a register for rural land to keep track of foreign investment in agriculture.
But Primary Producers SA chairman Rob Kerin said there should be less focus on investing in land and more focus on things that would increase productivity, such as processing and value-adding.
* Full report in Stock Journal, September 5 issue, 2013.