Stay connected with MAB's latest news, milestones and behind the scenes insights.
MAB Funds Management Limited (MAB Funds) has put more runs on the board, for its successful property funds business in a deal that is set to give investors at total return of around 21.5% per annum over the past six years, despite the current challenging market.
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The opening weekend of trade for Victoria’s latest retail venture, Brand Junction (at University Hill, Bundoora) has bucked the trend with consumers spending up big on the centre’s permanently discounted brands, despite the current economic forecast.
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MAB Corporation opened the doors to Brand Junction for the very first time last night, with an unveiling of the plaque by the Minister for Planning and Community Development, Justin Madden and MAB’s Managing Director, Andrew Buxton, followed by a crowd of VIP shoppers witnessing Giaan Rooney cutting the ribbon and allowing shoppers to run through the centre for the very first time.
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The Premier of Victoria’s Media Release
Melbourne’s north will receive a boost to its local economy and providing up to 300 full and part time jobs resulting from the new discount shopping centre, Brand Junction.
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MAB Corporation is set to release Harbour One (H1) – a major new residential development for the Docklands precinct. With current vacancy rates in Melbourne’s residential market at historic lows and rates of less than 1.5% at Docklands, H1 is the first residential tower from MAB in five years and follows the launch of MAB Corporation’s long awaited Avenues development at Docklands, a selection of multi million dollar waterfront and park front townhouses.
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Confirming its position as the first brand outlet centre for Melbourne’s North, Brand Junction at University Hill has secured nationally and internationally renowned fashion and lifestyle labels MNG, Guess, Laura Ashley, Pacific Brands, Crabtree & Evelyn, Russell Athletic, Globalize and Sheridan, providing a unique mix of retailers never before seen in the region.
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