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Frasers Property Australia to acquire Melbourne housing estate for A$202.5m

Published Thu, Dec 20, 2018 · 09:50 PM

FRASERS Property Australia, a division of Singapore-listed Frasers Property, on Thursday exchanged contracts to acquire The Grove housing estate at Tarneit in Melbourne from developer Stockland for A$202.5 million (S$197.1 million).

The purchase is under deferred payment…

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