Business Services Industry

MAB Diversified buys two retail buildings for $38m.

Australasian Business Intelligence, June, 2005

Jun 07, 2005 (The Sydney Morning Herald - ABIX via COMTEX)

MAB Funds Management has made a strategic acquisition. It has purchased two retail properties in Australia for a total of $A37.8 million. This means that the MAB Diversified Property Trust now has a book value of around $A118 million. MAB Funds is owned by MAB Corporation. Meanwhile, Hyder Consulting has also made an important acquisition. It has purchased a Queensland-based engineering and environmental services group, Weathered Howe, for $A7.5 million. Hyder is owned by the UK- based Hyder Group.

Publication Date: 8 June 2005

MAB CORPORATION PTY LTD: 

MAB DIVERSIFIED PROPERTY TRUST:

MAB FUNDS MANAGEMENT LIMITED:

HYDER CONSULTING (AUSTRALIA) PTY LTD:

HYDER...

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