Finbar Group (ASX:FRI) said the sale of a vacant site at Rivervale for AU$13.7 million by its unit 2 Homelea Court Spring to Together Housing, a registered charity and community housing provider, is now unconditional, according to a Thursday filing with the Australian bourse.
The deal is expected to boost the company's fiscal first-half earnings, and its formalities are expected to be settled by mid-October, the filing said.