Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Finbar Group Limited ( (AU:FRI) ) has provided an update.
Finbar Group Limited has received approval to develop a 12-level building with 171 apartments in the Springs precinct of Rivervale, estimated to have an end sales value of approximately $100 million. This project strengthens Finbar’s development pipeline in a strategic location close to Perth’s CBD and aims to meet rising demand for affordable smaller apartments, highlighting the company’s resilience amidst industry challenges like labor shortages and inflation.
More about Finbar Group Limited
Finbar Group Limited is a leading apartment developer based in Western Australia, focusing on residential developments. The company specializes in high-density apartment projects and has a significant presence in the Perth metropolitan area.
YTD Price Performance: 0.62%
Average Trading Volume: 81,816
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$219.1M
See more data about FRI stock on TipRanks’ Stock Analysis page.