Australia's Eureka Group rises on holiday park acquisition for $13 million
13/08/2026 05:12
BUZZ-Australia's Eureka Group rises on holiday park acquisition for $13 million ** Shares of Eureka Group Holdings EGH.AX rise as much as 2.1% to A$0.72, on track to log its best session since August 6, if trend holds
** The property manager announces binding contracts to acquire Mandurah Coastal Holiday Park, a mixed-use residential community in Perth, for A$18.4 million ($12.97 million)
** Adds approval in place for a further 66 land lease or long-term rental homes with further significant upside identified
** Stock is up 48% YTD, including the session's moves
($1 = 1.4190 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
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