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Mirvac: Purchases Spencer Street, Melbourne for $200M | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

Mirvac: Purchases Spencer Street, Melbourne for $200M

By Steve Sam

December 26, 2019

Mirvac: Purchases Spencer Street, Melbourne for $200M

Mirvac Group has exchanged contracts to purchase 7-23 Spencer Street in Melbourne for $200M
A 40,000 square metre office tower and a build-to-rent apartment tower with 430 apartments will be built
Both towers will completed with high-quality amenity and retail space
Flinders West earmarked to one of Melbourne’s most transformative precincts over the next three to five years, Susan commented
Then the settlement is expected to occur between March 2020 and August 2021
Mirvac will go into the Christmas break up a slight 0.62 per cent with shares trading for $3.24 each

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