ASX:FRI

2 stories mentioning ASX:FRIUpdated 36d ago

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Finbar Group Completes Structural Works at Western Australia Development

Finbar Group's (ASX:FRI) construction of its Garden Towers development in Western Australia reached the topping-out stage with the completion of structural works, according to a Wednesday filing with the Australian bourse.Garden Towers comprises 330 residential units, with the 279 units sold to date representing AU$208 million by value, per the filing.Settlements are expected to start in the first half of fiscal 2027, subject to the completion of remaining construction and regulatory approvals.

ASX:FRI

Asia62d ago

Finbar Group Settles Development Site for AU$230 Million Mixed-Use Project

Finbar Group (ASX:FRI) said it has completed settlement of a prime development site at 236 Railway Parade in West Leederville and lodged a development application for a "substantial" mixed-use project, according to a Wednesday Australian bourse filing.The company said the project has an estimated end value of about AU$230 million and, subject to development approval, delivery timing, and market conditions, is expected to contribute to earnings in fiscal 2029 and fiscal 2030.

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