Finbar Group Limited

Finbar Group Limited is an Australian property development Company listed on the Australian Stock Exchange trading under the security code FRI. Incorporated in 1984, Finbar first listed as a property development Company in 1995 and has established itself as the market leader in built form apartment development in the Perth metropolitan area. Finbars core business lies in the development of medium to high density residential apartments and commercial property within the state of Western Australia where it carries out its development projects in its own right or through incorporated special purpose entities and joint venture companies of which the Company either directly or indirectly holds interests in project profitability ranging between 50% and 100%. Finbars business model involves the acquisition of suitable development land either directly or by way of incorporated joint ventures whereby equity partners are sought to allow the Company to leverage into larger redevelopment pro...