Hudson Investment Group Limited (AU:HGL) has released an update.
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Hudson Investment Group Limited is actively evaluating the best use of its property portfolio, considering options like residential development applications, joint ventures, or potential property sales. The company has received advanced-stage proposals to purchase its Woolloongabba property and is in early discussions for joint venture or sale of its Warnervale property. These strategic moves aim to optimize cash flow, reduce costs, and offer shareholders enhanced returns.
For further insights into AU:HGL stock, check out TipRanks’ Stock Analysis page.