ASX-listed Mirvac will continue its revolution of the apartment sector with plans to put up a build-to-rent apartment tower at the former Melbourne Convention Centre site in Spencer Street which it snapped up for $200 million on Christmas Eve.
The diversified company acquired the site at 7-23 Spencer Street in the Melbourne CBD on Tuesday, continuing its roll in land acquisitions since its major capital raising in May.
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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
