tiprankstipranks
Trending News
More News >

WOTSO Property Launches Sale of Key Queensland Asset

Story Highlights
  • WOTSO Property focuses on flexible workspace solutions in the real estate sector.
  • The company is selling a Queensland property to unlock value and pursue new opportunities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from WOTSO Property ( (AU:WOT) ) is now available.

WOTSO Property has initiated a sale campaign for its industrial property located at 54 Pioneer Road, Yandina, Queensland, which currently houses News Corp’s Queensland printing facility. This strategic move aims to unlock value from the asset and reallocate capital towards new opportunities, potentially enhancing the company’s operational efficiency and market positioning.

More about WOTSO Property

WOTSO Property is a company involved in the real estate industry, focusing on providing flexible workspace solutions through its WOTSO FlexSpace offering. The company is listed on the Australian Securities Exchange (ASX) under the ticker WOT and operates as a stapled security comprising Ostow Limited, WOTSO Fund Services Limited, and Planloc Limited.

Average Trading Volume: 11,864

Technical Sentiment Signal: Sell

Current Market Cap: A$105.4M

See more data about WOT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App