The vineyards are leased to Treasury Wine Estates (ASX:TWE).
There are a number of water entitlements owned by RFF which provide the vineyards with sufficient water supplies and these are included in the lease to TWE.
Plant and equipment to operate the vineyards is owned and maintained by the vineyards’ contract manager.
|Vineyard||Planted (ha)||Location||Main variety|
|Mundy||25.7||Adelaide Hills||Cabernet Sauvignon|
|Murphy||29.5||Adelaide Hills||Cabernet Sauvignon|
1Lease expiries weighted by forecast FY21 rental income.