QAN qantas airways limited

News: QAN Qantas Airways Announces Sale Of Surplus Mascot Land

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Oct 15 (Reuters) - Qantas Airways Ltd (QAN) :

    • QANTAS SALE OF SURPLUS MASCOT LAND-QAN.AX
    • SALE OF LAND TO GENERATE GROSS PROCEEDS OF A$802 MILLION
    • ADDITIONAL LAND SALE AND DEVELOPMENT PROPOSALS BY LOGOS UNDER CONSIDERATION
    • ACCELERATES PROGRESS TOWARDS REACHING NET DEBT TARGET RANGE BY END OF FY22
    • ADDITIONAL LAND SALE AND DEVELOPMENT PROPOSALS BY LOGOS UNDER CONSIDERATION
    • ALSO ENTERED INTO DISCUSSIONS WITH LOGOS ABOUT POTENTIAL FUTURE DEVELOPMENT OPTIONS FOR SITES THEY ARE ACQUIRING
    • ENTERED BINDING AGREEMENTS WITH A CONSORTIUM LED BY LOGOS PROPERTY GROUP FOR SALE OF 13.8 HECTARES OF LAND IN MASCOT
    • EXPECTS TO COMPLETE EVALUATION OF PROPOSALS IN EARLY 2022
    • EXPECTED FINANCIAL BENEFIT OF SALE WILL BE PROVIDED WITH QANTAS GROUP'S FINANCIAL RESULTS IN FEBRUARY 2022
    • EXPECTS TO COMPLETE EVALUATION PROPOSALS IN EARLY 2022, IF DEAL IS REACHED, HAS POTENTIAL TO RAISE TOTAL VALUE OF DEAL TO MORE THAN A$1 BILLION
    • WILL USE THESE FUNDS TO HELP PAY DOWN DEBT THAT WE'VE BUILT UP DURING PANDEMIC
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$11.05
Change
-0.030(0.27%)
Mkt cap ! $16.77B
Open High Low Value Volume
$11.05 $11.13 $10.92 $54.36M 4.923M

Buyers (Bids)

No. Vol. Price($)
2 2046 $11.04
 

Sellers (Offers)

Price($) Vol. No.
$11.07 39000 1
View Market Depth
Last trade - 16.15pm 18/09/2025 (20 minute delay) ?
QAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.