Deal or related-party deal? How disclosures differ
Mirvac’s development in Melbourne, the Eastbourne, boasts million-dollar apartments in an “inner city Eden”. Buyers of the apartments - which boast concierge and specially crafted door-handles and tapware - include Mirvac director Elana Rubin.
Ms Rubin splashed out $1.89 million for her apartment. Her purchase was one that investors would not be told about in any Mirvac annual report, raising questions about the company's adherence to related-party disclosure requirements.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Investing
Fetching latest articles