Business
Triguboff poised to bounce back after pandemic disruption – The Australian Financial Review
Meriton Properties says it is back on track, overcoming the COVID-19 pandemic’s short-term hit to sales, rental markets and its serviced apartments business.
Nevertheless, the Meriton machine had stepped up a gear before the disruption hit, with a 28 per cent increase in the number of investment units including serviced apartments to 11,591 units. Meriton also recorded a 44 per cent increase in the number of units in various stages of development to 12,871 units.
“Whilst the COVID-19 pandemic has impacted sales, service apartments and rental markets in the short term, the group is on track to return to pre-COVID-19 levels by 30 June 2021,” the company…
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