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360 Capital REIT ( (AU:TOT) ) has provided an announcement.
360 Capital Group announced the retirement of its Founder and Executive Chairman, Tony Pitt, following the conclusion of TT Investment’s takeover offer. Pitt, who has been with the company for 12 years, will transition to a non-executive role if the company remains listed on the ASX, focusing on private equity real estate investing outside the Group. This leadership change is expected to bring a shift in operational focus and may impact the company’s strategic direction, while Pitt remains a significant securityholder.
The most recent analyst rating on (AU:TOT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 360 Capital REIT stock, see the AU:TOT Stock Forecast page.
More about 360 Capital REIT
360 Capital Group is an ASX-listed investment and funds management group specializing in strategic and active management of real estate assets. The company operates in Australia, focusing on real estate equity and credit opportunities, partnering with stakeholders to identify and capitalize on investment opportunities.
Average Trading Volume: 111,788
Technical Sentiment Signal: Sell
Current Market Cap: A$87.66M
For detailed information about TOT stock, go to TipRanks’ Stock Analysis page.