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Thakral reports lower FY2022 earnings on higher costs, plans special dividend to bring yield to 8%
For its 2HFY2022, earnings increased by 40% to $21.9 million,
February 28, 2023
Property
Thakral seeking investors for GemLife joint venture; 'multi-billion' valuation to be 'finalised'
The potential sale of the "$1b‐plus stake” in the AFR report is "strictly indicative."
May 03, 2022
Property
Thakral Corporation acquires its tenth site to expand retirement resorts in New South Wales, Australia
Thakral Corporation has acquired some 13.4 hectares of prime land in New South Wales, Australia, through its GemLife joint venture for the development of over-50s lifestyle resorts.
August 03, 2020
Company in the news
Thakral's retirement resort brand GemLife poised for further expansion
(Nov 11): The Australian residential property market has suffered a multi-year downturn, but Thakral Corp is optimistic that its retirement resort venture, GemLife, is relatively immune from the upheavals in the wider property market and poised for steady
November 08, 2019
Property
Thakral acquires 2 more properties to build resort-styled retirement homes in Australia
SINGAPORE (Sept 28): Thakral Corporation has acquired two more properties outside Queensland, Australia to continue the development of resort-styled retirement housing for those over 50s.
September 28, 2017