Finbar Group (ASX:FRI)

Darren Pateman
MD
Market Cap (AUD): 194.57M
Sector: Real Estate
Last Trade (AUD): 0.7 -0.01 (-2.1%)
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1. About

Finbar Group (ASX:FRI) is proudly the leading apartment developer in WA, dedicating decades to developing better lifestyles.

Homebuyers and investors alike continue to place their trust in the Finbar name for its ability to deliver absolute quality in all facets of apartment living, from the desirable locations to the contemporary design of its apartments that boast premium fixtures and fittings and resort-style facilities.

With over 71 landmark WA apartment developments delivered to date, Finbar continues to define the skyline in one of the most liveable cities in the world.

Local focus. Award-winning expertise.

Finbar's core focus is developing medium to high-density residential apartments and commercial properties which have earned the Company major industry awards. The Company also looks to develop (and retain an interest in) office buildings to secure future annuity income that can be used to supplement core residential development income.

The Company's affiliation with equity partners and landowners enables it to leverage the growth associated with larger development projects, allowing greater economies of scale while spreading project risk.

The company board and management are responsible for all company administration, operations, investment and acquisition decisions. At Finbar, the Company's philosophy encapsulates efficiency and therefore, it chooses to outsource its development activities to its trusted network of external consultants, sales persons and building contractors.

With numerous projects currently underway and many more on the horizon, Finbar looks forward to building on its standing as Western Australia’s largest and most trusted apartment developer for many years to come.

  • Western Australia’s largest and most trusted apartment developer
  • ‘Developing better lifestyles’ since 1995
  • 100% delivery track record on 5,984 apartments (worth in excess of $3 billion)

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk