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The latest announcement is out from Aspen Group Limited ( (AU:APZ) ).
Aspen Group Limited has entered a conditional contract to acquire the remaining stages of the Wallaroo Shores master planned community for $14.1 million. Located in Wallaroo, South Australia, this acquisition will add over 300 sites to Aspen’s development pipeline, including lifestyle land lease sites, residential build-to-rent properties, and a commercial and retail precinct. The project is strategically positioned in a high-growth area with significant retiree migration, enhancing Aspen’s market presence and expanding its portfolio to 16 projects with approximately 2,500 sites.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
More about Aspen Group Limited
Aspen Group Limited operates in the real estate industry, focusing on the development of lifestyle land lease communities, residential build-to-rent properties, and residential land. The company is known for its diversified portfolio of projects that cater to different customer bases.
Average Trading Volume: 746,267
Technical Sentiment Signal: Buy
Current Market Cap: A$1.01B
See more insights into APZ stock on TipRanks’ Stock Analysis page.