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Eureka Group Holdings Limited ( (AU:EGH) ) has provided an announcement.
Eureka Group Holdings Limited has announced the acquisition of Benalla Tourist Park, marking its first All Age Rental Community in Victoria. The $11.7 million purchase includes a mixed-use village with 145 revenue-generating sites and offers significant development potential. This acquisition aligns with Eureka’s strategy to expand in regions with strong rental market fundamentals, providing diversified revenue streams and enhancing its presence in Northeast Victoria.
The most recent analyst rating on (AU:EGH) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Eureka Group Holdings Limited stock, see the AU:EGH Stock Forecast page.
More about Eureka Group Holdings Limited
Eureka Group Holdings Limited operates in the real estate industry, focusing on providing affordable long-term rental accommodation. The company primarily serves retirees, key workers, and high-visibility trades, with a market focus on mixed-use rental communities and seniors rental villages.
Average Trading Volume: 536,028
Technical Sentiment Signal: Hold
Current Market Cap: A$217.6M
See more data about EGH stock on TipRanks’ Stock Analysis page.