Rural Funds Group (ASX: RFF) is a real estate investment trust (REIT) that owns farms and leases them to tenants. Started in 1997, Rural Funds Management now manages $1.2 billion in agricultural assets across New South Wales, Queensland, South Australia and Victoria.
Rural Funds Group (ASX: RFF) announced that it is spending $52.7 million to acquire five cattle farms from JBS Australia in Queensland and New South Wales.
Corporate Travel Management Ltd (ASX: CTD) shares and Rural Funds Group (ASX: RFF) shares are in a trading halt today.