ASX-listed developer Mirvac, has purchased Leighton Properties’ 50 per cent interest in the Green Square Consortium.
The Green Square Town Centre is a six hectare residential, mixed-use and commercial development that forms part of a major urban renewal site in South Sydney.
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Following this acquisition, Mirvac owns 100 per cent of the Green Square Consortium.
The Green Square Consortium has an agreement with
UrbanGrowth NSW for the development of the town centre at Green Square.
In a statement UrbanGrowth NSW said it is supportive of the new arrangements and Mirvac is pleased to continue working on this significant urban renewal project.