Rural Funds Group (RFF.AX)
Rural Funds Group operates in the REIT - Specialty industry of the Real Estate sector, headquartered in Deakin, ACT, AU. The stock last traded at $2.16, down 1.82% on the session, giving a market capitalisation of $841.8M. Its beta of 0.84 implies it has historically moved less than the broad market.
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805).
Rural Funds Group is most often compared with the following Real Estate names: