Rural Funds Group (ASX:RFF)

Company's Profile

Rural Funds Group, an Australian real estate investment trust (REIT), possesses a diversified portfolio of agricultural assets primarily leased to corporate agricultural operators. The company focuses on developing and leasing agricultural properties and equipment, including almond orchards, macadamia orchards, vineyards, cattle properties, cropping properties, agricultural plants and equipment, cattle, and water rights. Its holdings include three almond orchards spanning around 4,068 planted hectares, six vineyards covering approximately 636 planted hectares, and 13 macadamia orchards totaling about 1,906 planted hectares. Additionally, the company plans to develop seven properties into macadamia orchards covering 2,520 hectares. Its portfolio also features 23 cattle properties, comprising 18 properties for breeding, backgrounding, and finishing, along with five cattle feedlots with a combined capacity of 150,000 head. Furthermore, Rural Funds Group manages 15 cropping properties spanning approximately 14,573 hectares.