News

MAB Funds News is where the historical media releases can be found. To open a media article, please click on the article title.

21/05/2008 - Media Release : Independent Property Valuations Support MAB’s US Investment Strategy

A recent valuation by CB Richard Ellis for MAB Corporation's US based fund MIRT (MAB International Retail Trust) resulted in a 3.8% increase over the initial 2006/2007 purchase prices - an excellent result for investors in light of the current environment.

Commenting on the valuation results, MAB Funds Management General Manager, Mr Nick Gray said "the results are particularly pleasing given the current environment where there is much speculation regarding the strength of the US economy and property market".