Meriton's Harry Triguboff says it's all or nothing

Meriton's Harry Triguboff says it's all or nothing
Meriton's Harry Triguboff says it's all or nothing

Meriton Apartments boss Harry Tribuboff says he's only interested in an outright sale of the entire group, not part of the business.

“It’s everything or nothing,” the veteran negotiator Harry Triguboff told News Ltd.

“I’m only talking with one person, not running around selling to many because it will take too much of my time.”

Meriton’s construction pipeline of 4,000 apartments is mostly in Sydney.

He said Australian apartment prices had plateaued. 

Recently ranked by BRW as Australia’s eighth richest person with an estimated $5.5 billion wealth, Triguboff revealed that a Chinese developer had made an offer to buy part of the Meriton group that he valued at more than $6 billion.

"I will not sell part and I still have to understand how he proposes to buy,” Triguboff said.

Picture of Harry Triguboff courtesy of Wikimedia Commons.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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New Developments Meriton

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