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A 2010 closing message from David Hall, Chief Operating Officer
What a year! As the property sector transitioned through the Global Financial Crisis and we survived a Federal and State Election, it has been a year for refocussing our strategy on the next cycle of our business.
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MAB Advisory Board – introducing recent changes
The MAB Advisory Board has undergone some recent changes of appointment. Board representatives from MAB Corporation are Michael Buxton, Andrew Buxton, David Hall and Mick Brennan. We’d like to introduce you to the remaining Board members who provide advice to MAB with its strategic direction.
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Commercial & Industrial Update
After several tough years, Melbourne’s industrial market is on the way back, with good infrastructure playing a key role. Land sales are rising as developers and owner occupiers move back into the market. Banks are lending to developers again, and the smaller end of the market, inactive for 18 months, is buying before a price upswing.
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Residential Update
We start by offering a warm welcome to all of the residents at Princeton Rise at University Hill!
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MAB plans $60 million business park in Port Melbourne
MAB Corporation has purchased 3.12 hectares of Crown land for $12.65 million at 12-62 Cook Street in Port Melbourne.
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Merrifield another step closer
MAB Corporation and joint venture partner GPC have moved one step closer to creating the Merrifield mixeduse sustainable community for Melbourne’s North.
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