For Sale: Cattle station empire the size of Belgium

As reported in the Australian Financial Review.

“Hui Wing Mau, founder and majority owner of debt ladden [sic] Chinese property developer Shimao Group Holdings, has put a WA cattle station portfolio almost as big as Belgium on the market with an asking price of about $250 million. Marketed as the Kimberley Cattle Portfolio, the offering encompasses more than 2.9 million hectares…”

Editors Note: This is a pretty accurate comparison, with Belgium being 3.05 million hectares.