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Mustera Property Group Ltd. ( (AU:MPX) ) has provided an announcement.
Mustera Property Group Ltd reported progress in its project developments during the December 2024 quarter, specifically advancing the design of its McCabe Street project and continuing the marketing efforts for its Forbes Residences. The company aims to launch sales for the McCabe Street project in Q2 2025. Financially, the company reported spending approximately $874K on development costs and received $109K in interest. A notable change in executive compensation was also highlighted, reflecting a revised annual rate for the Executive Director.
More about Mustera Property Group Ltd.
Mustera Property Group Ltd is a real estate company engaged in the development and marketing of residential and commercial properties. The company focuses on creating high-quality residential products tailored to specific market segments, such as the downsizer market, and operates primarily in the Australian market.
YTD Price Performance: 0.0%
Average Trading Volume: 76
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$38.02M
Learn more about MPX stock on TipRanks’ Stock Analysis page.