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Pialba Place Shopping Centre is located in Hervey Bay, the gateway to Queensland's Fraser Island. Photo: MGroup

M/Group buys Queensland shops for $36m

Diversified property company M/Group has expanded its portfolio into Queensland through the $36 million, off-market acquisition of Pialba Place Shopping Centre in Hervey Bay.

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Total value of current WA projects

18th↑Badge Constructions95,428,786
19th↑Crothers ConstructionNFP
20th↑MGroup64,500,000
21st-PS Structures47,400,000
22nd↑Focus Building Company45,000,000
97 construction companies ranked by total value of WA projects currently under construction ($)

Total combined value of current WA projects

7th↓Finbar GroupNFP
8th-Fragrance Group200,000,000
9th↑MGroup92,000,000
10th↓Stirling Capital80,000,000
51 property - (built-form) developers ranked by total value of WA projects currently under construction ($)

Lots expected to be completed for sale, current financial year

17th↑Okeland CommunitiesNFP
18th-Lester Group100
20th↑MGroup95
21st↑Heath Development Company80
39 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

Ranked by size of total area under management

12th-UniSuper59,874
13th-SCA Property Group45,504
14th↑MGroup45,357
15th↓Erceg Management40,107
16th-GPA and CGB29,516
44 shopping centre owners ranked by size of total area in m2

Number of Employees

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