MAB Corporation

About MAB Corporation

MAB Corporation (MAB) is a privately owned property development company that has been successfully operating since 1995. With over $2 billion in projects MAB generates approximately $300 million in annual sales, has net assets approaching $200 million and employs almost 100 people.

Established and owned by fifth generation Melbourne property identities, Michael and Andrew Buxton, MAB has activities in residential, retail, industrial, commercial developments and a funds management business with approximately $250 million under management.

With an unrivalled ability to deliver on complex planning outcomes for major projects and an established track record of creating outstanding public places; our people are committed to the vision of producing quality developments.

By daring to imagine such visionary projects as NewQuay, Docklands and University Hill in Bundoora, MAB is playing a significant role in reshaping the environments in which we live, work and play.

In a joint venture with Gibson Property Corporation (GPC), MAB have now embarked on their largest and most visionary development to date, Merrifield, a new city for Melbourne comprising in excess of 1,000 hectares located on the Hume Highway in Mickleham.

We are building an enviable reputation for quality and establishing our business as one which thrives on challenge and opportunity. 
 

MAB Corporate Vision

MAB Corporation will achieve and retain the status of having the number one reputation in our markets for an integrated property company which creates, owns and manages property assets and built environments.

The number one reputation will be achieved through:

  • Creating intelligent solutions which add value
  • Exceeding our customers' expectations
  • Certainty of delivery
  • Being a good partner

MAB Core Values

  • Its people and professionalism
  • Teamwork and leadership
  • Customer service and business excellence

What is MAB's Business?

MAB is structured around 4 principle business units:

  • Residential
  • Commercial & Industrial (including Business Parks)
  • Retail
  • Funds Management

MAB's People

Our success largely depends on the quality of our people, MAB is committed to developing a diverse workforce and provides individuals the opportunity to contribute to business success.

For further information on career opportunities with MAB please click here.

MAB's Management Structure

To view MAB's Management Structure, please click here.

MAB's Board of Management

Michael Buxton, Founder

Michael has over 40 years of experience in the property industry that commenced with property management and sales in his family's business, JR Buxton Pty Ltd. In 1976, Michael co-founded Becton Corporation and as Joint Managing Director built the company into one of the most successful property investment and development companies in Melbourne. At the end of 1994, Michael sold his interest in Becton Corporation and in 1995 founded MAB Corporation with his brother Andrew. Michael is Executive Director of MAB Corporation.

Andrew Buxton, Founder

Andrew began his career in the quarry and asphalt industry. From 1974 to 1988 Andrew was Co-Managing Director of the Associated Quarries and Asphalts Group. Andrew diversified into property development and in 1995 founded MAB Corporation with Michael Buxton. He has over 20 years experience in the property industry and is also the Managing Director of MAB Corporation.

Simon Jones, Chairman of the Board

Simon is a chartered accountant and investment banker. He was Managing Partner of Arthur Andersen’s audit, business advisory and corporate finance practices for Australasia between 1991 and 1995. Between 1995 and 2002 Simon was Managing Director of NM Rothschild’s private Equity business and of the Victorian operations. In 2002 Simon founded Canterbury Partners, a boutique investment bank. He is a director also of Computershare Limited and Melbourne IT Ltd.

David Hall Member of the Board & Chief Operating Officer

David commenced with MAB in 2003 in the role of General Manager Business Parks and was responsible for a portfolio of industrial and mixed-use projects including National and Translink Business Parks and University Hill. More recently David has been responsible for the Major Projects division with a key focus on the planning and delivery of Merrifield, MAB's 1,500 hectare mixed-use development.

Prior to commencing with MAB, David held a number of executive positions in middle ring and growth area local governments in the areas of property, planning and development, economic development and governance. David holds a Bachelor of Business and a Graduate Diploma in Management.

He is a member of the Urban Development Institute of Australia and the Victorian Planning and Environmental Law Association, and is a Board member of North East Housing Incorporation.

David holds a Bachelor of Business and a Graduate Diploma in Management.

Mick Brennan, Board Member and Chief Financial Officer

Mick commenced his career as a Chartered Accountant in Brisbane, then following several years in a London Chartered firm he joined Mobil Oil where he worked as Manager in International Corporate Audit (London), Manager General Accounting (Melbourne), Refinery Accounting Manager (Adelaide) and as CFO and Company Secretary of a road surfacing subsidiary which ultimately merged with CSR Road Surfacing to become the leader in the Australian marketplace.In 1997 Mick joined Linfox as General Manager of Accounting and Administration. When Linfox acquired Armaguard in 2003 he became CFO and following numerous further acquisitions he became CEO of the Armaguard group in 2007.Mick has extensive experience in mergers and acquisitions, strategy development/execution as well as general management particularly within finance disciplines.

Peter Riley

Peter was a Senior Partner/Executive Director in the Tax Consulting Division of Pitcher Partners Melbourne for approximately 19 years until 27 June 2010. In that role he had considerable experience in advising high wealth individuals, their families and their businesses, on investing in and outside of Australia, specialising in taxation and business advisory issues in relation to property development, corporate advisory, funds management, high wealth families and estate planning. Peter has current and past appointments with a number of professional bodies. On 1 July 2010 Peter founded Alandal Consulting Pty Ltd a boutique firm advising high wealth families and their business arms.

Justin Ganly

Justin is Managing Director of Deep End Services, a property economics consultancy based in Melbourne but working on projects throughout Australia, New Zealand, Asia and the USA. He has 17 years of experience in this field and has worked previously with KPMG, Coopers & Lybrand and Andersen Consulting as well as at Coles Myer. Justin has particular expertise in demand-based consulting and is a frequent commentator on this in the media.

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