Mustera Property Group Ltd. (AU:MPX) has released an update.
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Mustera Property Group Ltd announced successful settlements of 47 apartment sales at Forbes Residences, totaling $71.3 million, which facilitated the retirement of $60.8 million in senior debt. The award-winning project, acclaimed for its design and construction, still markets 5 apartments and 4 commercial units with a potential $22.5 million in sales. The company also reported spending $2.2 million on operating costs and additional expenses for the quarter.
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