BUZZ-Australia's Aspen Group hits nearly 16-year high on buying remaining Wallaroo Shores stages

Reuters

2025/09/26

BUZZ-Australia's <a href="https://laohu8.com/S/1F3.SI">Aspen</a> Group hits nearly 16-year high on buying remaining Wallaroo Shores stages

** Shares of Aspen Group APZ.AX rise as much as 3.4% to A$4.63, their highest level since November 17, 2009

** Retirement home operator acquires the remaining stages of the Wallaroo Shores master planned community in South Australia for A$14.1 million ($9.21 million)

** Says the site on the Copper Coast benefits from ~A$8 million of prior investment in infrastructure works

** Says Copper Coast has a high rate of retiree migration and population could grow to 30,000+ people over next 25 years, a ~90% increase

($1 = 1.5307 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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