Mitraland Australia

Malaysia's Mitraland looks to enter the Melbourne apartment market

Malaysian-based Mitraland Group has flagged its intention to enter the Melbourne apartment sector with plans currently on display with City of Stonnington for a 20 level residential tower within South Yarra's Forrest Hill Precinct. Lodged with council during December 2014, the Fender Katsalidis-designed tower is nominated to have an end value of approximately $50 million. Long earmarked unsuccessfully for development and surrounded by larger...