Mirvac, Stockland and Frasers eye Maribyrnong defence site

Original article by Su-Lin Tan
The Australian Financial Review – Page: 39 : 10-Sep-19

The federal government launched a campaign in October 2018 aimed at selling off the 127-hectare Maribyrnong Defence Site, located around 10 kilometres from the Melbourne CBD. Industry observers have stated the site could sell for as much as $500 million if there are no contamination issues with it. A masterplan for the site’s development is due to be released in October, while Stockland, Mirvac and Frasers Property Australia are understood to be three of the eight groups that have been shortlisted as possible purchasers of the site.

CORPORATES
MIRVAC GROUP – ASX MGR STOCKLAND – ASX SGP FRASERS PROPERTY AUSTRALIA PTY LTD

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