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Cedar Woods (ASX:CWP) drops $63m on three sites as rivals retreat
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Cedar Woods (ASX:CWP) drops $63m on three sites as rivals retreat
Deferred settlements stretch the payments into FY28 while 80% of FY27 revenue is already presold Cedar Woods Properties (ASX:CWP) has used a softer property market to do something most developers cannot right now. It is buying. The company has just announced three site acquisitions across Queensland and Victoria worth roughly $63 million, with two more in Western Australia advancing through due diligence. The headline deals are a $30.85 million …
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