A page three report in 'The Weekly Times' (Vic) today discusses...

A page three report in 'The Weekly Times' (Vic) today discusses how ELD was the agent to successfully sell Australia's well known iron ore Queen, Gina Riinehart's properties - well, some of them:

(can we get any higher endorsement?):

Two mates from Central Australia are poised to become the nation’s biggest landholders.

Viv Oldfield and Donny Costello – whose families operate Crown Point Pastoral Company – have been confirmed as buyers of four stations, totalling 3.26 million hectares, from billionaire mining giant Gina Rinehart’s expansive Northern Australia portfolio.

Selling agents Elders late last week confirmed that Crown Point had purchased Ruby Plains and Sturt Creek stations, covering 800,000 hectares in Western Australia’s Kimberley region, and was in the final stages of securing Innamincka Station (1.36 million hectares) and Macumba Station (1.1 million hectares) in South Australia as well as the Phoenix Park feedlot (3443 hectares) from Mrs Rinehart’s Hancock Agriculture and partly Chinese-backed S Kidman and Co businesses.

The purchases take Crown Point’s holdings to 7.2 million hectares, making it Australia’s biggest landholder – a title that previously belonged to Mrs Rinehart whose holdings peaked at almost 10 million hectares.

As well as the stations sold to Crown Point, Mrs Rinehart has offloaded the 147,500-hectare Aroona Station to the Di Giorgio family from South Australia, the 203,142-hectare Nerrima Station to the Emanuel family from Western Australia and the 171,000-hectare Willeroo Station to Brett Cattle.