SAI 2017/18 Update

2017/18 was another successful year for Smith Agri International with over $80M of assets transacted on behalf of
our clients in the Australasian Agribusiness sector.
This year also saw us expand our partnership with clients in the timber harvesting/production sector by a further
$210M, to assist in the realisation of timber export to meet growing international demand from both Australia and the
USA.
We have enjoyed working with a range of different clients over the last 12 months and supported retiring farmers to
transition off the land, advised family owned businesses on their growth strategies and delivered institutional exit
strategies.
We have clocked up over 100,000km across the roads of Australia as well as countless international and domestic
flights supporting our clients.
As a result, during the year, Smith Agri International realised double digit revenue growth, reflective of the sector, but
also of Smith Agri’s ability to deliver outcomes for our clients.
The year ahead also looks promising for Smith Agri International within excess of $100M of assets currently listed for
sale and further anticipated expansion of the buy-side mandate portion of our business.
In further exciting news, we’ve recently engaged the services of Russell Smith as our Chief Financial Officer. Russell
is a Certified Practicing Accountant (CPA) with over 35 years of financial, accounting and major project management
experience across a range of industries. Russell will further enhance our financial leadership and strategic direction
as we develop the next phase of Smith Agri International.
In addition, with our continued growth we are also looking to employ additional rural/agribusiness market specialists.
We continue to look for opportunities for our domestic and international client base and are increasingly seeing
interest emerging from Institutional Investors in the Australian, New Zealand and USA Agribusiness markets.
As part of our professional process, we challenge the seller, to prove the value of the asset, deliver independent
verification and support the asset value through trusted, transparent and tested financial records underpinned by
sound sector knowledge and industry trends. We always consider Highest and Best Use for each asset we represent,
which inevitably delivers increased competitive tension between buyers and their respective markets. We strive to
research informative asset data and sector information in delivering offerings we consider ‘institutional-grade’
irrespective of asset size.
Smith Agri International is a fully qualified licensed real estate services firm uniquely positioned within the
Australasian rural real estate market, specialising in the professional representation of Australasian institutional grade
Timberland and Agricultural assets both on and off-market.
If you are interested in selling or buying in this sector, we encourage your engagement of Smith Agri International
where we will deliver you a transparent and trusted partner in the delivery of the very best result on your behalf.
Best Regards
David A Smith
Director, Smith Agri International