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Mirvac Group (ASX:MGR) has inked a $224.1 million deal to boost its industrial asset portfolio.The property group plans to buy a portfolio of five industrial assets from Altis Real Estate Equity Partnership Fund.The acquisition includes four properties in Sydney and one in Adelaide and takes the value of Mirvac's industrial portfolio to almost $630 million.CEO and Managing Director Susan Lloyd-Hurwitz says the purchases enhance Mirvac’s operating leverage in the industrial sector.Settlement is expected to occur early 2015.Mirvac Group increased its net profit to $447 million in the 2014 financial year.
News: Mirvac Group buys five properties for $224M
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Last
$2.20 |
Change
0.010(0.46%) |
Mkt cap ! $8.996B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.24 | $2.18 | $18.82M | 8.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 118499 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 134247 | 8 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| MGR (ASX) Chart |
