Mayfair 101 Noteholders Irate at ASIC Following $170M Uplift in Property Portfolio Labelled 'A Heap of Sand'
Mayfair 101’s noteholders have expressed their anger at the corporate regulator’s mis-guided campaign against private equity firm Mayfair 101 following recent sales data which shows the group’s 200-plus real estate portfolio in Mission Beach would be worth approximately $400 million today, an increase of $170 million on Mayfair’s 2019 acquisition cost.
The 74 percent uplift in value of the three main suburbs comprising the Mission Beach region, according to CoreLogic data, does not take into account the redevelopment of the region’s key driver of property prices, Dunk Isl
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