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Trust on the hunt

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.

Matthew Cranston

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 was The Australian Financial Review’s United States correspondent.

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    Original URL: https://www.afr.com/property/trust-on-the-hunt-20100301-ivxxz