COMPANY TIMELINE
1995
Lists on the ASX as Property Development Company
Lists on the ASX as Property Development Company operating out of a 2 bedroom Como apartment
1995
Commenced 1st development project, Seville on the Point, South Perth
Finbar commences its first development as a property development company, Seville on the Point located in South Perth.
1997
Complete 1st development
Seville on the Point was the turning point that defined Finbar as a successful property developer. The completion of Seville on the Point marks the beginning of a successful path into apartment development. With 15 units and a project end value of almost $5 million, the successful completion of Seville on the Point can credit the trademark Finbar business model.With the communal features such as swimming pool, spa and an elegant water feature, these amenities became the foundation to the trademark Finbar characteristics associated with the high standards and value offered by Finbar developments.
1997
Maiden dividend (1c per share)
1997
Maiden net profit ($0.7m)