Agricultural Land Trust, which leases all its land to Elders’s plantations company, ITC, will pay a distribution of 1.1¢ this half after reporting a net profit of $1.175 million.
Scott Elliott | Matthew CranstonUnited States correspondent
Agricultural Land Trust , which leases all its land to Elders’ plantations company, ITC, will pay a distribution of 1.1¢ this half after reporting a net profit of $1.175 million, down on the year before. Management said the company would look to acquire quality rural properties “should opportunities arise".
Victorian cattle ranch sells for $3m
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
