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Axiom Properties Boosts Cash Reserves Amid Strategic Debt Extensions and ListSure Growth
6:35pm on Sunday 1st of June, 2025 AEST
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Property Development
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Axiom Properties Boosts Cash Reserves Amid Strategic Debt Extensions and ListSure Growth
6:35pm on Sunday 1st of June, 2025 AEST
Key Points
Cash reserves increased to $1.86 million as of December 2024
Debt facilities extended to May 2025 for Mt Barker project and March 2025 for ListSure operations
ListSure business exceeded budget with record loan originations and strategic partnerships
Property development milestones include $1.3 million net proceeds from Butler pad sites and $7 million expected from land divestment
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