Mitsubishi completed the acquisition of a 50% stake in 60 Margaret Street and MetCentre from Mirvac and Blackstone for $389m.

Mitsubishi, a group of autonomous Japanese multinational companies, completed the acquisition of a 50% stake 60 Margaret Street and MetCentre from Mirvac, a development and management property group, and Blackstone, a private equity firm, for $389m. “The sale of 60 Margaret Street and MetCentre forms part of our strategic asset sales program, helping to further strengthen our balance sheet and improve cash flow resilience of our investment portfolio in a challenging operating environment,” Campbell Hanan, Mirvac CEO and Managing Director.