Under the deal, the ASX-listed group has bought Australia’s largest Marina network consisting of 10 premium locations across Australia’s eastern seaboard, including the iconic Rushcutters Bay, The Spit and Cabarita Point in Sydney Harbour, and two marinas adjacent to the Melbourne CBD.
The Spit marina in Sydney’s Mosman, now owned by MA Financial. supplied
The launch of the new fund, MA Marina, reflects the group’s push into the alternative asset sector, which is gaining traction as traditional sectors such as office are facing the significant headwinds of rising vacancy rates and…
