Sydney developer Aqualand has raised its stake in ASX-listed real estate agency McGrath, bringing its holding in the company to 18.53 per cent and close to triggering the ASX takeover threshold of 20 per cent.
Aqualand's previous holding was 15 per cent.
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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au
