Thursday, 8 April 2010

Epping. $55 million for Seven Network site

Meriton Apartments has paid $55 million for the Seven Network site, at Epping, with plans to build at least 650 units in a joint venture with the Rebel Property Group. Meriton has also previously investigated the acquisition of the residential component of John Beville's $1.1 billion Top Ryde mixed-use development. The project is expected to be bought by Crown International Holdings, according to The Australian.



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