News Articles

13 Feb 2013

Coffee couple loses Vic Park lease fight

A PERTH couple with a struggling coffee franchise has learnt a tough business lesson after they took legal action that involved property developer Finbar Group, listed engineering company Monadelph

29 Jan 2013

Finbar to manage South Perth apartments project

Finbar Group has announced it will manage the development of an $18.5 million luxury apartment building on Mill Point Road in South Perth.

Property 21 Jan 2013

Karratha project to boost Finbar earnings

Perth-based apartment developer Finbar Group has forecast an after-tax profit of about $14 million for the half year to December 2012 and reaffirmed its expectation of a record full-year result.

Property 19 Dec 2012

Finbar plans $120m project for Springs Rivervale

Apartments developer Finbar is preparing expanded plans for the Springs Rivervale redevelopment area, after acquiring three vacant sites for $9.35 million.

Property 18 Dec 2012

Finbar acquires Subi Centro site

Property developer Finbar has launched a $140 million apartments plan for five adjoining lots it just acquired in Subiaco.

Special Reports 10 Oct 2012

Principled approach gives Finbar an edge

PERTH company Finbar has just 13 head office staff yet it is working on property developments worth nearly $1.5 billion.

Special Reports 10 Oct 2012

Property developers line up local project pipeline

A wide range of commercial property developers, from multinationals to church groups, are set to drive future activity in the sector.

Property 03 Oct 2012

Finbar to kick off Springs Rivervale redevelopment

Finbar Group has announced it will construct a $128 million, 188-apartment and office complex at LandCorp's Springs Rivervale redevelopment site.

Property 29 Aug 2012

Finbar lodges $28.3m profit

Apartments developer Finbar Group has delivered a sixth consecutive year of earnings growth, lodging a $28.3 million net profit for the year ended June 30.

Property 30 Jul 2012

Finbar takes $300m Port Hedland development

The state government has selected Finbar as the preferred company to develop a $300 million apartment complex overlooking Port Hedland's Spoilbank Marina.

Property 04 Jul 2012

Finbar announces on-market buyback scheme

Apartments developer Finbar Group has launched an on-market share buyback scheme, to regain up to 20 million of its shares over the next 12 months.

Property 26 Jun 2012

Finbar kicks off stage 2 of Karratha high-rise

Apartment developer Finbar has announced the release of the second stage of its Karratha high-rise residential project, Pelago.

Property 20 Jun 2012

Finbar upgrades profit expectations

Apartment developer Finbar Group has upgraded its profit forecast for the 2012 financial year by nearly $4 million, on the back of strong performances at its 18 on Plain and Fairlanes developments.

Property 18 Apr 2012

Demand for quality Karratha apartments

Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.

Property 12 Apr 2012

Finbar finishes Fairlanes

Apartment developer Finbar Group has announced its 27-storey Fairlanes office and residential project on Adelaide Terrace has achieved practical completion.

Property 23 Feb 2012

Finbar maintains profit guidance

Property developer Finbar has maintained its full-year profit forecasts, despite lodging a small loss for the half year ended December 31.

Property 22 Feb 2012

Blackburne planning more developments

BLACKBURNE Property Group is stepping up its development activities, with the launch this month of a $44 million apartment project in East Perth and a further two projects in the inner suburbs on t

Deals 15 Feb 2012

Perth’s top PR firms take cream in year’s big plays

FTI Consulting and Professional Public Relations are the top financial PR firms in Perth, WA Business News' annual corporate finance survey has found.

11 Oct 2011

Finbar says sales are strong on latest projects

Apartment specialists Finbar Group has reported strong sales on its two latest developments, Pelago West in Karratha, and the Fairlanes apartment and office development on Adelaide Terrace.

10 Jun 2011

Finbar gets approval for $40m complex

Finbar has built on its dominance of the East Perth apartments construction market, with its joint venture securing approval for a 192-apartment, two tower complex at 208 Adelaide Terrace and 311 Hay Street.

Property 02 Mar 2011

Finbar gains Karratha approval

Perth-based apartments giant Finbar has obtained development approval to commence construction of the first residential high-rise project in Karratha.

14 Jan 2011

$50m apartment JV for Finbar

Apartment specialist Finbar Group has launched a joint venture with investment and development firm Swanline Group to build a $50 million, 90-apartment mixed used project in East Perth.

Deals 08 Dec 2010

Finbar to raise $45.6m for Karratha

Property developer Finbar Group has announced plans to raise $45.6 million via a placement and share purchase plan to step up development activity on its Karratha project and continue to bolster its Perth project pipeline.

18 Nov 2010

Finbar to build East Perth apartments

Apartment developer Finbar Group has reached a joint venture agreement with Heyspring International to build 190 new residential apartments in East Perth.

18 Aug 2010

Finbar announces record $23.6m profit

Apartment developer Finbar Group has announced a record $23.6 million profit after tax for the 2010 financial year.

15 Jun 2010

Plans to demolish old ABC building

Finbar Group has announced plans to demolish the old ABC building on Terrace Road to make way for two new high rise apartment buildings.

Financial Services 26 Mar 2010

Finbar raises $20m for expansion plans

Property developer Finbar Group has raised nearly $21 million which will be applied to its expansion plans in the Pilbara and continued growth opportunities in Perth.

Property 15 Feb 2010

Finbar posts $18.2m first-half profit

Property developer Finbar Group says it is confident of meeting its full-year profit forecast of more than $21 million after it today delivered an interim net profit after tax of $18.2 million.

11 Feb 2010

Finbar buys development site

PROPERTY developer Finbar Group has announced the purchase of a large slice of land in East Victoria Park, which it plans to develop into apartments.

Property 08 Feb 2010

Finbar falls on Perth property purchase

Shares in listed property developer Finbar have fallen slightly after announcing it had purchased a 1.58 hectare site in East Victoria Park for almost $10 million which the company plans to develop into 95 apartments.

04 Feb 2010

Finbar opportunity with school closure

THE closure of a Japanese-owned language college in Highgate will allow the owner of the site, listed property developer Finbar, to pursue redevelopment plans earlier than anticipated.

Property 02 Feb 2010

Finbar drawn into school collapse

Listed property developer Finbar has been drawn into the collapse of a Japanese-owned language college GEOS, which was a big commercial tenant of the group.

25 Aug 2009

Finbar sees profits increase 55%

Property developer Finbar has posted a net profit of $18.9 million for the year to June 30, a 55 per cent increase from the previous year and it expects higher profit results this financial year.

Financial Services 10 Jul 2009

Finbar expects record FY profit of $19m

Property developer Finbar Group says it anticipates its 2009 financial year profit to reach a record $19 million, a 55 per cent jump on the previous year.

Property 12 Jun 2009

Finbar buys East Perth land for $11m

Property developer Finbar Group, through a joint venture, plans to construct a 10 storey building on Adelaide Terrace in East Perth after purchasing the land for nearly $11 million.

Financial Services 11 Feb 2009

Finbar Group's interim profit falls 51%

Property developer Finbar Group has suffered a 51 per cent drop in its interim net profit result but has maintained its full-year forecast, expected to be in excess of last year's record $12.2 million result.

17 Sep 2008

IN THE NEWS

Finbar signs JV for former ABC site SOUTH Perth-based property developer Finbar Group Ltd has signed a joint venture agreement with the subsidiary of a Singapore-based company to redevelop the former

15 Sep 2008

Finbar signs JV for former ABC site

South Perth-based property developer Finbar Group Ltd has signed a joint venture agreement with the subsidiary of a Singapore-based company to redevelop the former ABC studios site on Adelaide Terrace.

26 Aug 2008

Finbar meets earnings forecast

Property developer Finbar Group Ltd has met its earnings forecast for 2008 financial year with net profit after tax skyrocketing over 300 per cent to $12 million.

Financial Services 18 Jul 2008

Finbar forecasts record profit for FY08

South Perth-based Finbar Group Ltd expects to quadruple its net profit for the 2008 financial year and has forecast early sales revenue for fiscal 2009 from its Domus and Ceresa apartments.

News Articles for Finbar Group

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