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Mustera Property Group Ltd. ( (AU:MPX) ) just unveiled an announcement.
Mustera Property Group Ltd reported significant progress in its development projects during the September 2025 quarter. The company finalized design and marketing efforts for the Verse on McCabe project, resulting in $10.2 million in sales under contract. Additionally, it settled a $3.5 million sale at Forbes Residences, with further sales contracts totaling $5.4 million for remaining apartments. Financially, the company managed to refinance existing debt, reducing financing costs, and secured a $3 million loan to support ongoing development activities.
More about Mustera Property Group Ltd.
Mustera Property Group Ltd is a company operating in the real estate industry, focusing on the development and marketing of residential and commercial properties. The company is engaged in projects such as the Verse on McCabe in North Fremantle and Forbes Residences in Applecross, emphasizing high-quality living spaces with strategic market positioning.
Average Trading Volume: 11,402
Technical Sentiment Signal: Sell
Current Market Cap: A$20.47M
For a thorough assessment of MPX stock, go to TipRanks’ Stock Analysis page.