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    • Mirvac shows the faith in Melbourne market

      01/06/2019 | Project Announcements

      Yarra's Edge Development Turns Soil

       

      In a sign of confidence in the Melbourne market, Mirvac has announced commencement on its $300m Yarra's Edge development after selling 60% of units. After a nervous period where 'topping-out' was heard far more often than 'turning soil', it seems that the development pipeline is slowly rebuilding (if cautiously).


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      The news comes on the back of Mirvac's successful $750m capital raising as it targets a new round of projects and has identified the growing build-to-rent market as a key opportunity for the company.


      Read more at The Age here.

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