Rural Funds Group (ASX:RFF)
Rural Funds Group is an Australia-based company, which is engaged in the development and leasing of agricultural properties and equipment. The Company is a real estate investment trust (REIT) which owns a diversified portfolio of Australian agricultural assets that are leased to experienced agricultural operators (tenants). It leases almond orchards, macadamia orchards, vineyards, cattle properties, cropping properties, agricultural plant and equipment, cattle, and water rights. The Company holds 3 almond orchards approximately 4,139 planted hectares, 7 vineyards approximately 666 planted hectares, 3 macadamia orchards approximately 261 planted hectares, 3 macadamia orchards under development approximately 118 hectares, 21 cattle properties made up of 16 breeding, backgrounding and finishing properties and 5 cattle feedlots approximately 672,342 hectares, and 2 cropping properties approximately 7,905 hectares.