Finbar Group completes AT238 tower, ramps up $677m in projects amid Perth’s housing crisis

 Prolific West Australian apartment developer Finbar Group (ASX: FRI) has achieved practical completion of its latest project, the $100 million AT238 located in Perth’s CBD amid reports that the city is facing one of the most acute housing shortages of any capital in the country.

The 32-level mixed-use development, which comprises 119 residential apartments plus two ground-floor commercial lots, has so far achieved 66 sales valued at $46.25 million. These sales are due to start settling in mid-April.

However, Finbar Group is expecting the project to be sold out before the end of this year now that the it is completed.

Read More: https://www.businessnewsaustralia.com/articles/finbar-group-completes-at238-tower--ramps-up--677m-in-projects-amid-perth-s-housing-crisis.html




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