Alterra Limited (ASX:1AG)
Alterra Limited is an asset management company that provides origination, development and management services for land and water assets in Australia. The Company works directly with landowners and agricultural producers to unlock and reposition water assets through change in land use, ownership structure, regulatory management and application of technical know-how to create horticultural assets. The Company's segments include Asset Management, Asset Development and Business Development. Asset Management segment relates to the management of operating assets. Asset Development segment relates to assets owned or being developed by the Company. Business Development segment relates to the development of potential assets. The Company’s project includes Carpenters avocado project, which covers approximately 300-hectare avocado development located in Pemberton, Western Australia, where it is focused on managing an approximately five-hectare trial site.