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Axiom Properties Ltd ( (AU:AXI) ) just unveiled an update.
Axiom Properties Ltd has provided a business update indicating successful developments in its real estate and technology divisions. The company has seen strong sales in its Glenlea Estate project in South Australia and completed a significant land sale in Butler, WA. In the technology division, Axiom is expanding its payment and lending solutions, with a notable growth in loan originations and strategic partnerships enhancing its market reach. These developments position Axiom to further capitalize on real estate market demands and foster growth through technological innovation.
More about Axiom Properties Ltd
Axiom Properties Ltd operates in the real estate and technology sectors, focusing on property development and providing innovative financial solutions. It is involved in residential subdivisions and large format retail projects while also offering payment and lending services tailored to the real estate industry. The company has invested in expanding its technology offerings post-acquisition of ListSure, aiming to enhance financial transactions in the property market.
YTD Price Performance: -25.00%
Average Trading Volume: 416,412
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.98M
See more insights into AXI stock on TipRanks’ Stock Analysis page.
