About MAB Corporation
MAB Corporation has been delivering innovative, high quality commercial, residential, retail and industrial developments since 1995. With $1.5 billion in projects completed or commenced, MAB Corporation generates approximately $200 million in annual sales, has net assets approaching $200 million and currently employs over 100 people. MAB Corporation also has a thriving funds management arm that has approximately $300 million under management.
University Hill, a billion dollar mixed-use precinct to be released in stages over a ten year period, is MAB Corporation's latest property development project. Other highly successful MAB Corporation projects include the $1 billion landmark NewQuay development precinct at Docklands, National Business Park, Global Business Park, Northcorp Industry Park, Translink Business Park and a host of other award-winning developments.
In a joint venture with Gibson Property Corporation (GPC), MAB have now embarked on their largest and most visionary development to date being the $8 billion, 880 hectare Merrifield project in Mickleham, Victoria.
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
The core values of MAB Corporation are:
- Its people and professionalism.
- Teamwork and leadership.
- Customer service and business excellence.
What is MAB's Business?
There are five main streams to MAB's business;
- MAB's Projects - this component of the organisational structure currently includes NewQuay and University Hill.
- MAB Commercial Industrial - Incorporates all of MAB's current business parks projects together with commercial projects such as Industry Business Hub and Aquavista. In addition to executing the existing substantial project pipeline, this team will also be responsible for growing this business and building on MAB's Business Parks brand.
- Serviced Apartments - Docklands Apartments Grand Mercure (DAGM) - This team focuses on our current operations at NewQuay and our relationship with Accor. It is also instrumental in driving the development of a new, purpose-built serviced apartment tower.
- Major Projects - includes Merrifield Corporation and is also responsible for identifying, acquiring and converting other complex, large scale development opportunities for MAB.
- MAB Real Estate Services - provision of real estate services across the company.
- MAB Funds Management - management of external investors and MAB shareholders' funds in property assets.
MAB's People
Our success largely depends on the quality of our people, MAB Corporation 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 Corporation, please click here.
MAB's Management Structure
To view MAB Corporation'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.
Guy Pahor, Member of the Board & Chief Operating Officer
Guy has over 20 years experience within Australia, Asia and the USA and across all facets of the property industry - including design, construction, project management, property development and project finance. Prior to joining MAB Guy was a director of Citta Property Group, responsible for steering the development of the 2006 Commonwealth Games Athlete's Village in Melbourne. Prior to this Guy held a number of senior executive positions over a 13 year period with Lend Lease in Australia, Asia and the US.
Ian Smith, Board Member and Chief Financial Officer
Ian is a Chartered Accountant with over 25 years of senior management experience in a variety of public and private multi-national and domestic industries. Ian's specialises in property development and related service companies. His experience has extended to private prison management and ownership, self storage, information technology (I.T) and power station construction. Ian's work experience has predominately been with successful high growth companies.
Dr. Vince FitzGerald, Board Member
Vince is Chairman of The Allen Consulting Group, which advises on economics, public policy and regulation. Before joining that firm in 1989 he was a government official in Canberra, in Treasury, Prime Minister and Cabinet, Finance, Trade, and Employment, Education & Training (heading the last two). He is a well known commentator on economic policy issues. For ten years to 2004, Vince was a Director of ING Australia Holdings Ltd. He is a Non-Executive Director of ETF Securities, Gold Bullion Securities and Oil Securities Ltd, based in Jersey. He sits on the governing boards of Melbourne Grammar School, the National Gallery of Victoria and ANU, and is President of the Australian Services Roundtable.
Peter Ingham, Board Member
Following completion of his Commerce degree in 1966 Peter joined APM (now Amcor) where he was employed until 1970. After obtaining an MBA from Melbourne University in 1971 he commenced his career with The Craftsman Press Pty. Ltd., which under his leadership grew to become one of Melbourne’s leading commercial printing Companies. Peter sold the business in 1998 and retired from it two years later. He has since been pursuing property and other private investment interests, along with being Chair of the Finance Committee and Board member of The Cancer Council of Victoria.
