August 28, 2016 10:24 PM ET

Household Durables

Company Overview of Meriton Apartments Pty Ltd

Company Overview

Meriton Apartments Pty Ltd. builds, develops, and leases residential apartments in Sydney, Surfers Paradise, and Brisbane. It also sells and leases commercial and retail properties in Sydney; and provides serviced apartments. The company also provides property finance, property management, building management, and strata management services. Meriton Apartments Pty Ltd. was founded in 1963 and is based in Sydney, Australia.

Level 11

Meriton Tower

528 Kent Street

Sydney, NSW 2000

Australia

Founded in 1963

Phone:

61 2 9287 2888

Fax:

61 2 9287 2777

Key Executives for Meriton Apartments Pty Ltd

Compensation as of Fiscal Year 2016.

Meriton Apartments Pty Ltd Key Developments

Meriton To Sell Off-Plan Shopping Centre

Meriton Apartments Pty Ltd is selling an off-the-plan shopping center, and at a price well in excess of $100 million. The centre will be incorporated in one of Meriton's latest projects, Lighthouse at Dee Why, a regional centre 17 kilometres north of the Sydney CBD on the city's northern beaches. The project will combine 356 apartments in four modern residential towers with an open piazza and strong food-based retail and dining precinct, as well as a health and wellbeing precinct, and all supported by ample basement car parking. It is due for completion by the end of 2018.

Country Garden Eyes Meriton

Country Garden still intends to acquire Meriton Apartments Pty Ltd. Lin Zhaoxian, vice-president and chief strategy officer of Country Garden, said, that the company was "definitely" still interested in a link-up with Meriton. "I think Country Garden is a very good company but at this stage I have no interest in selling Meriton," he said.

Triguboff To Sell Off 600 Apartments

Harry Triguboff has put an additional 600 of his “older” apartments on the market, as concerns emerge that tighter lending conditions for domestic investors and Chinese government controls on offshore fund flows may dint the still buoyant market. Triguboff’s Meriton Apartments Pty Ltd. owns about 5200 apartments split between serviced apartments and long-term rental units.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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