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Mustera Property Group Ltd. ( (AU:MPX) ) has issued an update.
Mustera Property Group Ltd reported progress in its McCabe Street project in North Fremantle, with design development and marketing materials nearing completion for a sales launch in Q3 2025. The company settled two residential units for $4.6 million in its Forbes Residences project, enhancing cash flow, and continues to market remaining units. Financially, Mustera spent approximately $976K on operating costs and refinanced debt to reduce financing costs, indicating a strategic focus on financial efficiency.
More about Mustera Property Group Ltd.
Mustera Property Group Ltd is a company operating in the real estate industry, focusing on property development and investment. The company engages in the design and marketing of residential and commercial properties, with a market focus on projects in Western Australia.
Average Trading Volume: 112
Technical Sentiment Signal: Sell
Current Market Cap: A$30.71M
Find detailed analytics on MPX stock on TipRanks’ Stock Analysis page.