Finbar Group Limited (ASX:FRI) is an Australia-based property development company focused on medium- to high-density residential apartments and commercial properties primarily within the Perth metropolitan area of Western Australia. The company operates through segments including residential apartment development, commercial office and retail development, and property rental; it develops and sells apartments in projects such as Civic Heart, Aurora, and The Point, while also investing in and leasing commercial and retail spaces. Founded in 1984 and headquartered in East Perth, Western Australia, Finbar maintains a 100% delivery track record across 79 landmark developments and targets urban residential and commercial markets in the region.
Recent strategic developments include the appointment of Ronald Chan as CEO in June 2025, followed by key land acquisitions in Palmyra, South Perth, and West Leederville that expand the five-year development pipeline to $1.2 billion for over 1,500 new apartments. In July 2025, Finbar acquired a Palmyra site from a joint venture partner for A$5.5 million plus GST, and in August 2025, it secured a 13,540 square meter development site in Palmyra for $88 million. These moves, alongside ongoing dividend payments such as the final fully franked dividend of A$0.02 per share declared for payment in August 2025, underscore the company's commitment to growth in high-amenity Perth locations.