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TAB valued at less than $250m

Investment banking giant Credit Suisse has dealt a blow to the state government’s hopes of a big windfall from the privatisation of Western Australia’s TAB, revising its value estimate down by at least 65 per cent to under $250 million.

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Ranked by total area owned then by total assets

23rd-Zone Q Investments27,525
24th-Elanor Investments22,259
25th-Credit Suisse19,379
26th-Cape Bouvard19,234
27th-Woss15,124
35 property - commercial owners ranked by size of total area in m2