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360 Capital Group Limited ( (AU:TGP) ) has shared an announcement.
360 Capital Group has announced its engagement in due diligence for the potential acquisition of a $69 million apartment complex in Sydney. The transaction, which is contingent on due diligence and other conditions, aims to raise capital from third-party wholesale investors to invest alongside 360 Capital REIT, potentially impacting the company’s operations and market positioning.
The most recent analyst rating on (AU:TGP) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 360 Capital Group Limited stock, see the AU:TGP Stock Forecast page.
More about 360 Capital Group Limited
360 Capital Group is an ASX-listed investment and funds management group that focuses on strategic and active investment management of real estate assets. The company operates in Australia, investing across real estate equity and credit opportunities, and partners with stakeholders to identify, invest, and realize opportunities.
Average Trading Volume: 553,705
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$57.6M
See more insights into TGP stock on TipRanks’ Stock Analysis page.