Finbar Group Limited (AU:FRI) has released an update.
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Finbar Group Limited is set to commence settlements for its Civic Heart development on June 27, 2024, following the issuance of individual strata titles, with $304.5 million in sales already achieved. Approximately $65 million in capital is expected to be returned to the company, and there remains $140.5 million in unsold stock poised for sale over the next year. The Civic Heart project, which has been a significant endeavor amidst the pandemic, features 309 apartments, heritage buildings, and a Skydeck, marking a transformative addition to South Perth.
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