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360 Capital Group Adjusts Substantial Holdings in Mortgage REIT

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360 Capital Group Limited ( (AU:TGP) ) has shared an update.

360 Capital Group Limited has announced a change in the interests of its substantial holder in the 360 Capital Mortgage REIT, with a slight decrease in voting power from 15.12% to 13.84%. This change is due to market acquisitions by 360 Capital FM Limited and TT Investments Pty Limited, reflecting strategic adjustments in their investment holdings. The announcement highlights the company’s ongoing management of its investment portfolio and potential implications for stakeholders, as the company continues to navigate the real estate investment landscape.

More about 360 Capital Group Limited

360 Capital Group Limited operates in the financial services industry, focusing on investment management and property funds. The company is involved in managing diversified property funds and mortgage REITs, with a market focus on real estate and investment opportunities.

YTD Price Performance: -6.67%

Technical Sentiment Signal: Buy

Current Market Cap: €69.07M

For a thorough assessment of TGP stock, go to TipRanks’ Stock Analysis page.

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