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Aspen Group Raises $74M to Fuel Growth Amid Strong Earnings Momentum
2:27am on Monday 2nd of June, 2025 AEST
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Real Estate
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Aspen Group Raises $74M to Fuel Growth Amid Strong Earnings Momentum
2:27am on Monday 2nd of June, 2025 AEST
Key Points
Strong demand for affordable accommodation with rising rents
FY25 guidance maintained with 21% EPS growth forecast
Equity raise of $74 million via institutional placement and security purchase plan
Debt facility increased to $260 million with improved terms
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Aspen (ASX:APZ)
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