Stay connected with MAB's latest news, milestones and behind the scenes insights.
From an article by Ruth Hogan, Inside FMCG Tuesday June 24, 2019 Retail giant Kaufland Australia has kicked off construction of its $255 million state-of-the-art distribution centre at Merrifield Business Park in Mickleham, Victoria.
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The Docklands neighbourhood continues to grow with residents moving into the newly-finished Elm and Stone apartment building in NewQuay.
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Australia’s retail market of late has been going through unique structural changes largely driven by the way consumers shop through omnichannel spending, and shifting household budgets.
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MAB’s most recently completed residential building, Elm & Stone, is bucking the national trend as demand soars for the few remaining completed apartments. Excited residents started moving in two weeks ago and over 90 per cent of the building is expected to be settled by the end of April.
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Medical professionals have snapped up the rare opportunity to purchase office suites in Melbourne’s northern growth corridor, with MAB’s $18 million 7 Ormond development achieving strong sales results in its first release.
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Kaufland, one of the world’s largest supermarket chains, has confirmed it will open its first Australian distribution centre at Merrifield Business Park in Melbourne’s north.
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