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.