Company News Summary | 29 Jul 2021
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CSR Announces Sale of Final 12.4 Ha of Land at Horsley Park
08:29:00 | Associate analysts
Original annuncemenet:Sale of final 12.4 hectares of land at Horsley Park
CSR announced the sale of the final 12.4 Ha of land at Horsley Park, NSW for total proceeds of $124m. This sale is expected to generate Property earnings before interest and tax (EBIT) of $62m and is anticipated to be recorded in the financial year ending 31 March 2025. This sale follows the announcement in October 2020 of the sale of 8.6 Haof land at Horsley Park for $84m.
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