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The latest update is out from Mustera Property Group Ltd. ( (AU:MPX) ).
Mustera Property Group Ltd reported progress in its McCabe Street project, with design development underway and a sales launch anticipated in Q3 2025. The company also settled a commercial unit and sold a residential unit at its Forbes Residences project, reflecting continued activity in its property portfolio. Financially, the company spent approximately $847K on operating costs for ongoing developments and incurred $122K in interest and finance costs during the quarter. Four apartments and two commercial units remain unsold at the Forbes Residences, indicating opportunities for future sales.
More about Mustera Property Group Ltd.
Mustera Property Group Ltd is a company operating in the real estate industry, focusing on the development and marketing of residential and commercial properties. The company is involved in projects such as apartment complexes and commercial units, with a market focus on high-quality living spaces.
YTD Price Performance: -17.31%
Average Trading Volume: 2,340
Technical Sentiment Signal: Buy
Current Market Cap: A$31.44M
For detailed information about MPX stock, go to TipRanks’ Stock Analysis page.