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MA Financial Boosts Real Estate Clout with $90M IP Generation Deal
1:53am on Monday 2nd of June, 2025 AEST
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Financial Services
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MA Financial Boosts Real Estate Clout with $90M IP Generation Deal
1:53am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of IP Generation for approximately $90.4 million mostly in MA Financial shares
IP Generation manages around $2 billion in Australian shopping centre assets
Deal increases MA Financial’s assets under management to over $12 billion
Transaction expected to be accretive to FY25 underlying earnings per share
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