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Business Services Industry

Macquarie Goodman bolsters Melbourne stock.

Australasian Business Intelligence,  March, 2007  

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Byline: Mathew Dunckley

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Mar 12, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Macquarie Goodman's Melbourne land bank has grown to more than 100ha following its latest purchase. The big property group paid $A19m for 38ha of unzoned land in the western suburb of Truganina. The property, at the corner of Palmers and Leakes roads, is within the urban growth boundary of the Victorian Government's "Melbourne 2030" planning scheme. The price equates to around $A50 per square metre. Other groups to buy in Melbourne's west recently include Australand, Folkestone, ...

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