Business Services Industry
West still best for Investa.
Australasian Business Intelligence, July, 2003
Jul 02, 2003 (The Australian Financial Review - ABIX via COMTEX)
The $A1.7bn Investa Property Group has bought a third West End property in Brisbane. It plans a townhouse and unit development on the 19,536 square metre aggregation in Forbes Street by the Brisbane River. It would comprise as many as 300 dwellings with an eventual value of $A150m, to be ready to start in late 2005. The latest acquisition continues Investa's south-east Queensland focus of late. In April 2003, it paid $A26m for a 354ha parcel on the Sunshine Coast, and is also believed to be in the late bidding for the Bethany site at Norman Park, also on Brisbane's waterside.
Publication Date: 3 July 2003
INVESTA PROPERTY GROUP - ASX IPG
By Kathy Mac Dermott
All...
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