MAB Corporation
co-founder David Hall, COO | |
| Revenue | A$250 million |
|---|---|
| Website | www.mabcorp.com.au |
MAB Corporation is an integrated property company that creates, owns and manages property assets and built environments throughout Australia. The company was founded in 1995 by Michael Buxton, who began his career working in his family's business, and Andrew Buxton, who started out working in the quarry and asphalt industry.
Overview
MAB Corporation is an Australian company that develops
Victoria
.
Developments
Developments undertaken recently by MAB Corporation include the village of NewQuay in the
Bundoora's billion dollar mixed-use estate, University Hill. The company also played a major role in the 'rebirth' and development of the city's once very industrial bay side suburb of Port Melbourne
.
As of November 2006 the company operates the largest
serviced apartment
hotel complex in the Melbourne CBD under the name Docklands Serviced Apartments. The complex has 340 apartments.
Revenue
With $1.5 billion in
projects completed or commenced, MAB Corporation generates approximately $200 million in annual sales, has net assets approaching $200 million and employs a number of people across a range of areas, including new projects and strategy innovation, developments, business parks, asset management
and funds management; the latter handling approximately $200 million under management.
References
- Star News Group 18 April 2007 - Property fund - By Michelle Carnovale MAB Corporation sells 1.65 hectare site in Global Business Park in A$9.1 million. Retrieved 28 April 2007.
- The Age Business, 11 April 2007 - Business parks move with the times Discusses "MAB Corporation's $1 billion, 104-hectare mixed industrial-retail-commercial University Hill project in Bundoora." Retrieved 28 April 2007.