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Event Hospitality & Entertainment Ltd. ( (AU:EVT) ) has shared an update.
EVT Limited has initiated the sale process for its prime property at 525 George Street, Sydney, marking the first time in over a century that this landmark site has been offered to the market. The site, managed by CBRE, is expected to attract significant interest due to its prime location, development potential, and existing Stage 2 Development Approval for a mixed-use tower. This sale represents a significant opportunity for investors and developers to capitalize on Sydney’s growing demand for residential and mixed-use spaces, potentially impacting the city’s real estate landscape.
The most recent analyst rating on (AU:EVT) stock is a Buy with a A$13.30 price target. To see the full list of analyst forecasts on Event Hospitality & Entertainment Ltd. stock, see the AU:EVT Stock Forecast page.
More about Event Hospitality & Entertainment Ltd.
Event Hospitality & Entertainment Ltd. (EVT) operates in the entertainment, ventures, and travel industries, providing a range of services and products. The company is known for its involvement in entertainment venues and hospitality services, focusing on delivering quality experiences to its customers.
Average Trading Volume: 156,940
Technical Sentiment Signal: Buy
Current Market Cap: A$2.62B
See more insights into EVT stock on TipRanks’ Stock Analysis page.