Cedar Woods Properties: Expands its portfolio by over 1200 lots

Cedar Woods Properties Expands its portfolio by over 1200 lots

  • Cedar Woods Properties (CWP) increases its portfolio with the $49.5 million purchase of an 86-hectare property in Eglinton, Western Australia
  • The development site will add approximately 1200 lots to Cedar Woods’ development pipeline and is projected to contribute to the company’s profitability over 11 years
  • The addition of the Eglinton project takes the company’s total portfolio to approximately 10,700 lots and units
  • The acquisition will be funded by the company’s existing corporate financing arrangement, which is being expanded to accommodate the acquisition
  • Shares in Cedar WoodsProperties are up 1.76 per cent to $5.77 at 3:03 pm AEDT

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) proposes a price cap...

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from Paxos Highlights: ...

GoAuto Partners with One Inc to Revolutionize Insurance Payments

Subheading: Streamlining Digital Payment Solutions for the Insurance Industry with...

Nuvei Introduces Google Pay to Transform LATAM Payment Landscape

Subheading Expanding Digital Payment Solutions Across Latin America with Google...

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

Subheading First Abu Dhabi Bank collaborates with Broadridge Financial Solutions...

Proxymity and Citi Launch Vote Connect Global to Enhance Proxy Voting Efficiency

Subheading Proxymity collaborates with Citi Securities Services to launch Vote...

Mid-Tier Banks Invest Heavily in Payment Modernization with Volante Technologies

Subheading Volante Technologies' latest report reveals significant investments by mid-tier...
Exit mobile version