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Desane Group Sells Lane Cove Property for Strategic Growth

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Desane Group Sells Lane Cove Property for Strategic Growth

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Desane Group Holdings Ltd ( (AU:DGH) ) has provided an announcement.

Desane Group Holdings Limited has announced the sale of its commercial property at 13 Sirius Road, Lane Cove, NSW, for $8.7 million. This divestment provides Desane with the flexibility to pursue future acquisitions or projects in line with its investment strategy, marking a strategic move after owning the property for over two decades.

More about Desane Group Holdings Ltd

Desane Group Holdings Limited is a leading property investment and development company based in Sydney, Australia, known for its integrity, work ethic, and commitment to excellence, with a focus on maximizing shareholder value.

Average Trading Volume: 29,348

Technical Sentiment Signal: Buy

Current Market Cap: A$38.05M

For detailed information about DGH stock, go to TipRanks’ Stock Analysis page.

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