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Rate cut likely to extend bull run in strata property
Private developer MAB Corporation has sold a key strata office component in its Escala project in Docklands for $8.1 million as the long bull run for strata assets looks to be extended with the Reserve Bank lowering official interest rates.
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Kaufland gets to work on $255 million distribution centre at Merrifield Business Park
From an article by Ruth Hogan, Inside FMCG Tuesday June 24, 2019 Retail giant Kaufland Australia has kicked off construction of its $255 million state-of-the-art distribution centre at Merrifield Business Park in Mickleham, Victoria.
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MAB continue to “do good stuff”
The Docklands neighbourhood continues to grow with residents moving into the newly-finished Elm and Stone apartment building in NewQuay.
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Victoria – A positive growth story
Australia’s retail market of late has been going through unique structural changes largely driven by the way consumers shop through omnichannel spending, and shifting household budgets.
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Design-savvy buyers flock to one of this year’s most eye-catching projects
MAB’s most recently completed residential building, Elm & Stone, is bucking the national trend as demand soars for the few remaining completed apartments. Excited residents started moving in two weeks ago and over 90 per cent of the building is expected to be settled by the end of April.
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Medical sector drives strong sales at University Hill
Medical professionals have snapped up the rare opportunity to purchase office suites in Melbourne’s northern growth corridor, with MAB’s $18 million 7 Ormond development achieving strong sales results in its first release.
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