Highlights
ASX: RFF       RURAL FUNDS GROUP
Last Price Today's Change   Day's Range   Trading Volume
2.39   +0.02 (0.84%)  2.36 - 2.41  771,432

Overview

 
Avg Volume (4 weeks):502,352
4 Weeks Range:2.26 - 2.42
4 Weeks Price Volatility (%):
81.25%
52 Weeks Range:1.945 - 2.42
52 Weeks Price Volatility (%):
93.68%
Average Price Target:-

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Business Background

Rural Funds Group (RFF) is a diversified agricultural real estate investment trust (REIT). Its principal activity includes leasing of agricultural properties. RFF and all of its controlled entities lease agricultural property with revenue derived from leasing almond orchards and water rights, poultry property and infrastructure and vineyards. The Almond property leasing segment leases almond orchards and water licenses. The assets are located near Hillston in New South Wales and include 1,814 hectares of developed almond orchards and associated water rights on two properties, Mooral and Yilgah. RFF owns 27,551 ML of permanent ground water license entitlements. The poultry property and infrastructure includes 17 poultry growing farms located in Griffith, New South Wales and Lethbridge, Victoria. The vineyard leasing business owns seven vineyards with six located in South Australia in the Barossa Valley, Adelaide Hills and Coonawarra and one located in the Grampians in Victoria.

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