August 2016
Rural Funds Group (ASX:RFF) is a real estate investment trust (REIT) which owns a diversified portfolio of high quality Australian agricultural assets that are leased to suitably qualified and experienced agricultural lessees. RFF is managed by Rural Funds Management (RFM) which is an experienced fund and farm manager with almost 20 years experience.
As at 30 June 2016, RFF’s property portfolio comprised 34 properties across New South Wales, Victoria, Queensland and South Australia with a weighted average lease expiry (WALE) of 15.1 years and adjusted total asset value of $469 million.^
RFF is Australia’s only diversified agricultural REIT and one of very few commercial entities actively seeking to provide property leasing solutions to the Australian agricultural sector.
The Fund’s strategy is to own productive agricultural assets that are leased to experienced counterparts. The leasing arrangement is designed to provide a stable revenue stream to RFF and thus support regular distributions to investors.
Capital growth is expected to occur over time as RFF's agricultural assets increase in value driven by productivity improvements, increasing competition for farmland as a result of food security requirements, and the growing global population including the emerging Asian middle class.
RFF is an avenue for investors to gain exposure to the growing demand for productive, agricultural land whilst receiving quarterly income payments.
RFF will pursue the acquisition of additional assets that grow the quantum and diversity of RFF’s earnings.
^Pro forma figures. See ASX disclosure dated 24 August 2016
Latest Media Releases
Latest News
Company Presentations /
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6 years ago
28 Aug 2017 - Rural Funds Group Limited (ASX:RFF) Managing Director David Bryant presents the company's FY17 full year results.
Market Reports /
by Jessica Amir -
6 years ago
22 Aug 2017 - Materials & Industrials up: Aus shares 0.15% higher around noon. Rural Funds Group (ASX:RFF) has reported its net profit after tax rose over 9000 per cent to $43.3 mi…
Interviews /
by Jessica Amir -
6 years ago
19 Jun 2017 - Rural Funds Group (ASX:RFF) Executive Manager, Funds Management, Andrea Lemmon, talks its $78.6m capital raising, FY17 year in review and outlook.
Market Reports /
by Jessica Amir -
6 years ago
13 Jun 2017 - Stellar run: Aus shares close 1.67% higher. Rural Funds Group Limited (ASX:RFF) has announced its FY18 adjusted funds from operations (AFFO) will produce 7.4 per cent…
Market Reports /
by Carolyn Herbert -
6 years ago
08 June 2017 - Rural Funds Group Limited (ASX:RFF) has announced the successful completion of the institutional component of its 2 for 9 entitlement issue to raise $18.9 million.
Market Reports /
by Carolyn Herbert -
6 years ago
07 June 2017 - Sluggish start: Aus shares flat at noon. Cleanaway Waste Management Limited (ASX:CWY) has been awarded a resource recovery contract by the Brisbane City Council.
Interviews /
by Carolyn Herbert -
7 years ago
30 November 2016 - Rural Funds Group (ASX:RFF) Executive Manager, Funds Management, Andrea Lemmon discusses the group's first foray into cotton, with the acquisition of Lynora Down…
Market Reports /
by Clive Tompkins -
7 years ago
14 November 2016 - In the red: Aus shares close 0.47% lower. Kidman Resources Limited (ASX:KDR) has denied any binding agreement with Marindi Metals in relation to pegmatite rights…
Company News /
by Jessica Ellerm -
7 years ago
14 Nov 2016 - Rural Funds Group Limited (ASX:RFF) announces it has agreed to purchase Lynora Downs, a 4480 hectare cotton property in central Queensland.
Market Reports /
by Clive Tompkins -
7 years ago
10 Oct 2016 - Stronger at midday: Aus shares track 0.33% higher at noon. Crowd Mobile Limited (ASX:CM8) signs a two year strategic partnership agreement with Viacom International M…
Interviews /
by Carolyn Herbert -
7 years ago
02 Sep 2016 - Rural Funds Group (ASX:RFF) Executive Manager-Funds Management Andrea Lemmon discusses the company's FY16 results and outlook.
Market Reports /
by Lee Brooks -
7 years ago
22 Aug 2016 - ASX set for soft open. Rural Funds Group (ASX:RFF) completes the acquisition of three properties in Queensland.
Interviews /
by Carolyn Herbert -
7 years ago
08 Aug 2016 - Rural Funds Group (ASX:RFF) Executive Manager, Funds Management, Andrea Lemmon discusses the recent entitlement offering, where the funds are going and what the new a…
Market Reports /
by Jessica Ellerm -
7 years ago
24 Jun 2016 - Aus futures up against Brexit backdrop. Rural Funds Group (ASX:RFF) announces its property asset values have increased by $82 million.
Interviews /
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8 years ago
11 Mar 2016 - Rural Funds Group (ASX:RFF) Executive Director, Andrea Lemmon discusses the company’s results for the half year ended 31 December 2015.
Market Reports /
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8 years ago
15 Feb 2016 - Aus shares set to open higher. Rural Funds Group (ASX:RFF) is part of a consortium that has successfully bid to win a deal to purchase Market City in Perth.
Company News /
by -
8 years ago
29 Jan 2016 - Rural Funds Group (ASX:RFF) negotiates option to buy 3 mature macadamia farms in Bundaberg Queensland.
Interviews /
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8 years ago
06 Nov 2015 - Rural Funds Group (ASX:RFF) Executive Manager - Funds Management, Andrea Lemmon discusses the companies developments and equity raising.
Market Reports /
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8 years ago
21 Sep 2015 - Aus shares close 2.02 per cent lower. Worley Parsons (ASX:WOR) has been awarded a contract for the Cutback Ridge Partnership Program’s gas plant project.
Company News /
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8 years ago
21 Sep 2015 - Rural Funds Group (ASX:RFF) to develop and operate an almond orchard in the Riverina district of New South Wales.
Interviews /
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8 years ago
16 Sep 2015 - Rural Funds Management Limited, Executive Manager - Funds Management, Andrea Lemmon discusses Rural Fund Group Limited (ASX:RFF) FY2015 results and growth plans.
