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BRIEF-Rural Funds Group to buy three contiguous cattle properties in northern Queensland for $53.0 mln
October 23, 2017 / 5:38 AM / 2 months ago

BRIEF-Rural Funds Group to buy three contiguous cattle properties in northern Queensland for $53.0 mln

Oct 23 (Reuters) - Rural Funds Group

* ‍To buy three contiguous cattle properties in northern Queensland for $53.0 million as part of a $72.5 million transaction​

* ‍FY18 total forecast distributions remain unchanged at 10.03 cpu​

* ‍Acquisition expected to increase fy18 affo from 12.5 cents per unit to 12.7 cpu​ Source text for Eikon: Further company coverage:

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