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360 Capital REIT ( (AU:TOT) ) has shared an announcement.
360 Capital REIT has announced its involvement in due diligence for a $10 million structured equity investment in a newly completed apartment complex in Sydney. The transaction, if completed, is expected to enhance TOT’s earnings without necessitating a capital raise, and the group plans to involve third-party wholesale investors in the investment.
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 REIT, listed on the ASX under the code TOT, is known for its consistent quarterly distributions and disciplined investment approach. The fund benefits from access to real estate investment opportunities through the 360 Capital Group, which manages the fund.
Average Trading Volume: 135,582
Technical Sentiment Signal: Buy
Current Market Cap: A$94.16M
Find detailed analytics on TOT stock on TipRanks’ Stock Analysis page.