Velocity Property Group was officially quoted on the Official List of the Australian Securities Exchange (“ASX”) on Tuesday 7 February, 2017.
Velocity was oversubscribed for shares under its initial public offering (“IPO”) and commenced trading at 11.00am (AEDT) on Tuesday 7 February, 2017.
Pictured below is CEO Brendon Ansell, ringing the bell in ASX tradition to celebrate the start of trading and holding a plaque commemorating the listing.
Velocity Property Group currently has seven projects in the pipeline including a major development in Red Hill which is completed, commercial and housing projects in Bulimba, two luxury apartment developments on the Gold Coast at Burleigh and Palm Beach as well as new projects coming up in Auchenflower and Taringa.
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