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Finbar Group Limited ( (AU:FRI) ) has shared an update.
Finbar Group Limited has announced that the sale of its Rivervale site for $13.68 million is now unconditional, with settlement expected by mid-October. This transaction is set to enhance the company’s earnings for the first half of the fiscal year 2026, strengthen its balance sheet, and allow for capital recycling into future development projects.
The most recent analyst rating on (AU:FRI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.
More about Finbar Group Limited
Finbar Group Limited is a leading apartment development company based in Western Australia. The company focuses on developing residential properties and has a strong presence in the apartment development industry.
Average Trading Volume: 283,728
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$223.1M
Find detailed analytics on FRI stock on TipRanks’ Stock Analysis page.