BUZZ-Australia's Eureka Group rises on rental community acquisition
Reuters
Jan 15
BUZZ-Australia's Eureka Group rises on rental community acquisition
** Shares of Eureka Group EGH.AX rise as much as 2.1% to A$0.495, hitting their highest level since Jan. 7
** Property manager buys Nagambie Lifestyle Park, an all-age rental community in Central Victoria
** Says purchase price is A$11 million ($7.35 million)
** Stock eyes second consecutive session of gains
** Stock fell more than 20% in 2025
($1 = 1.4961 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))
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