Rich Lister Robert Magid has found a buyer for the popular Manly Wharf retail and hospitality facility, in an $80 million deal that is expected to complete his plans to divest the majority of his real estate holdings.
On the buy side is private investor Adam Flaskas, who leads the consortium which took on the redevelopment of the historic Howard Smith Wharves in Brisbane almost a decade ago.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
