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An announcement from Hudson Investment Group Limited ( (AU:HGL) ) is now available.
Hudson Investment Group Limited is exploring potential sale or redevelopment options for its properties in Bowen Hills, Queensland, and Warnervale, New South Wales. The company is considering joint ventures, sales, or leasing opportunities to maximize value. Additionally, a corporate restructure is under consideration, and the company has received full payment of $2.4 million in vendor finance receivables, indicating a positive cash flow impact.
More about Hudson Investment Group Limited
Hudson Investment Group Limited (HGL) is an ASX-listed company specializing in industrial, residential, and commercial property development. The company owns properties in New South Wales and Queensland, focusing on optimizing its property portfolio for cash flow improvement, cost reduction, and strategic growth to enhance shareholder returns.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.83M
For an in-depth examination of HGL stock, go to TipRanks’ Overview page.