Land & Homes Group Ltd. (AU:LHM) has released an update.
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Land & Homes Group Ltd. is exploring the sale of its Barry Parade development project due to higher than expected development costs and fixed holding expenses, with no immediate start date for development in sight. The company has engaged Cushman & Wakefield to handle the expression of interest campaign, which will conclude on August 28, 2024. Meanwhile, the company reported no payments to related parties in the quarter ending 30 June 2024.
For further insights into AU:LHM stock, check out TipRanks’ Stock Analysis page.