Mirvac Group – noted in Auckland as developer of the Quay West apartments hotel - said late on Tuesday it would acquire James Fielding Group, but that James Fielding managing director Greg Paramor would take over the helm from Bob Hamilton.
Sunday, October 17th 2004, 8:35AM
by The Landlord
Mr Hamilton will remain as an executive director responsible for Mirvac’s development business.
The deal is a novelty for Mr Paramor. Previously, when he’s built up a business which has been sold, he’s walked away to start a new job. He was co-founder of Growth Equities Mutual, Paladin Australia & James Fielding.
Mirvac is a developer across all sectors and has property trusts, hotel management & funds management businesses. James Fielding has been a fast-growing funds manager after aggressively pursuing property trust management contracts. (Click on thumbnail for new structure).
The enlarged group will have $A15 million of assets under its control.
