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Top Australian developer to double debt
Meriton wants to harness record low interest rates for land acquisitions
Published Thu, Feb 13, 2014 · 10:00 PM
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[SYDNEY] Meriton Pty, Australia's biggest apartment developer, plans to double its debt this year from about A$300 million (S$340.8 million) to buy land amid record low interest rates and soaring demand for apartments.
"I've now a lot more empty land avai…
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