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.
The state government has selected Finbar as the preferred company to develop a $300 million apartment complex overlooking Port Hedland's Spoilbank Marina.
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.
Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.
Apartment developer Finbar Group has announced its 27-storey Fairlanes office and residential project on Adelaide Terrace has achieved practical completion.
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
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.
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.
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.
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.
Apartment developer Finbar Group has reached a joint venture agreement with Heyspring International to build 190 new residential apartments in East Perth.
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 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.
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.
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.
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.
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.
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 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.
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.
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
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.
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.
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.
South Perth-based property developer Finbar Group Ltd has received approval for its 15-storey office tower on the former Fairlanes Bowling site at 175 Adelaide Terrace.
Finbar Group Ltd has received development approval for its seven-storey mixed office and residential development in Victoria Park, and is close to signing an anchor tenant.
Perth's most prolific apartment developer, Finbar Group Ltd, has announced a record unaudited after tax profit of $8.0 million for the half year ended 31 December 2007.
