Rural Funds Group Divests Four Cattle Properties at 22.7 Pct. Premium to Book Value

Rural Funds Group (ASX: RFF) has agreed to sell four cattle properties in Central Queensland and Cobungra, Victoria, along with 2,500 ML of New South Wales river water entitlements. The combined estimated net sale proceeds for the transactions is A$255.6 million (US$177.98 million) reflecting a 22.7 percent premium over book value for the assets. “The […]