Lucas Real Estate Buys MAB Corporation’s Metro Real Estate Business

DOCKLANDS focussed real estate agency Lucas Real Estate will trade from a second shopfront in the waterfront precinct, and double its rent roll, after paying MAB Corporation an undisclosed sum – speculated to be millions of dollars – for its lucrative Metro Real Estate business.

Lucas Real Estate will take over sales, leasing and management responsibilities for MAB Corp managed Docklands buildings, and is likely to get a guernsey project marketing upcoming residential precincts in MAB’s New Quay precinct, of which there are still more stages.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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