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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

20th-MirvacNFP
21st↓Crothers Construction Pty LtdNFP
22nd↑MGroup64,500,000
23rd↓Psaros55,000,000
24th↓Built EnvironsNFP
103 construction companies ranked by total combined value of current WA projects ($)

Total combined value of current WA projects

13th↑MirvacNFP
14th↑Baltinas86,000,000
15th↓MGroup82,000,000
16th-ADC_60,000,000
17th↓Sunlong Constructions26,000,000
69 property - (built-form) developers ranked by total value of WA projects currently under construction ($)

Lots expected to be completed for sale, current financial year

21st↓Frasers Property AustraliaNFP
22nd↓Pindan Capital80
23rd↑MGroup76
24th-Linc Property69
25th↑Humfrey Land DevelopmentsNFP
40 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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