Marvic working with Dubai-based Nakheel on residential, commercial and retail developments, to redeploy people and capital, as Australia's property sector slips into downturn..
Nakheel raised its stake in Mirvac to 12.5 per cent.
Nakheel to launch Dubai-listed housing and infrastructure property trusts.
Mirvac is partnering Nakheel in its bid for the development of the massive Barangaroo regeneration project in the Sydney CBD.
Mirvac is also working with Abu Dhabi conglomerate Al Badie Group.
read more in http://www.theaustralian.news.com.au/story/0,25197,23474015-25658,00.html
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