Key takeaway: The company delivered to its OEPS forecasts in a challenging high interest rate market, and its diversification into lending and agriculture in addition to strong pre-sales at a flagship resort in Queensland give investors reasons to be optimistic.
Diversification into the agricultural sector and a growing property lending business have helped trans-Tasman property group Centuria deliver on its forecasts in a market challenged by higher interest rates and fewer transactions.
ASX-listed Centuria Capital Group yesterday announced a A$49.5
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Key takeaway: The company delivered to its OEPS forecasts in a challenging high interest rate market, and its diversification into lending and agriculture in addition to strong pre-sales at a flagship resort in Queensland give investors reasons to be optimistic.