Finbar Group (FRI)

Shares / Stock Code

FRI

Stock Exchange / Sharemarket

Australian Securities Exchange

Finbar Group (FRI) is a property development company headquartered in Perth, Western Australia. Core business activities lie in land acquisition, design, construction and sales of medium- to high-density residential apartments in the Perth Metropolitan area. Current projects include Soho Lifestyle Apartments, Altair Apartments and One28. It holds rental property, through the Finbar Property Trust, a wholly owned subsidiary of the Company.

FRI's property projects are held in the Perth property market. Due to new projects, strong sales and a buoyant property market, these have set the scene for FRI's continuing strong growth in property development. The company has completed five projects and has another eight lined up, with the Infinity Lifestyle Apartments all sold already.

Major competitors would be other financial diversified trusts on the market that focus on capital property growth in commercial, industrial and retail sectors. Customers would consist of companies, that is tenants, offering to lease the property, retail and car park spaces within the buildings of the property portfolio.

Finbar Group History

Finbar International was incorporated in 1984. Over 10 years, the company has achieved substantial profits, strong growth and an enhancement of its reputation for the quality of projects completed. In Perth's inner city development, Finbar's strong performance reflects its market leadership in this industry where it has the most projects and units underway. The company was renamed to its current name in April 2007.

Finbar Group (FRI) Products and Services

  • Property investment and development

Finbar Group (FRI) Locations and Subsidiaries

Finbar Group Head Office
Level 3, 15 Labouchere Road,
SOUTH PERTH, WA 6151
Phone: (08) 9474 4460
Fax: (08) 9474 4458

Finbar Group (FRI) Share Price

Submitted by ASX Listed Company on 23 March, 2010 - 03:10

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