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MAB swoops on AMP Capital-owned land in $70m deal

People & Companies / Latest News

Australia

Apr 22 2017

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Simon Johanson, The Sydney Morning Herald 

Private developer MAB Corporation has taken a strategic stake in a large parcel of land adjacent to its Merrifield estate on Melbourne's northern fringes in a $70 million plus deal.

MAB, along with joint venture partner Gibson Property Corporation, snapped up 131 hectares of vacant farmland at 225-286 Donnybrook Road from vendor AMP Capital in the city's fast-growing northern corridor.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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