Investor and Broker Presentation - November 2025
| Stock | Finbar Group Ltd (FRI.ASX) |
|---|---|
| Release Time | 4 Nov 2025, 4:07 p.m. |
| Price Sensitive | Yes |
Finbar Group Ltd Investor and Broker Presentation
- 30-year track record as Western Australia's leading apartment developer
- $1.2+ billion five-year development pipeline
- Strong sales activity with 68% increase in sales value in 2025
Finbar Group Limited, listed on the ASX since 1995, has established a remarkable 30-year track record as Western Australia's leading apartment property developer. With a 100% project delivery success rate, Finbar has completed 79 residential and mixed-use developments to date, comprising 7,407 apartments and commercial units across the state. This achievement, combined with 30 consecutive years of profit, underpins Finbar's position as one of WA's most trusted developers. The company continues to focus on sustainably elevating the quality of inner-city living and enhancing Perth's urban environment for future generations. The presentation highlighted the strong demand drivers in the Western Australian residential market, including strong migration, market outperformance, record-high dwelling values, and investor resurgence. Finbar's strategic growth is focused on delivering WA's housing needs through its prime, walkable, transit-connected projects across metropolitan Perth. The company has a $1.2+ billion five-year development pipeline and a strong balance sheet, positioning it for sustained growth. The presentation also provided updates on Finbar's development sales activity, completed projects, projects under construction, and upcoming project launches, demonstrating the company's robust performance and future growth prospects.
Finbar reported a 68% increase in sales value in Calendar Year 2025 to $408 million, compared to $242 million in the prior corresponding period. The company also achieved a 66% increase in average sales per month to 40, compared to 24 in the prior corresponding period.
Finbar's five-year development pipeline includes the completion of Garden Towers, Bel-Air Apartments, and the commencement of construction on Riverbank Residences in 2025 and 2026. The company also plans to launch Palmyra West in November 2025, Romeo Applecross in H1 2026, and Railway Parade and Lyall Street in H2 2026, further strengthening its project pipeline.