LISTED management business Vesture Limited has bought The Strata Agency Pty Limited, a strata manager with offices in Crows Nest and Manly, NSW.
STA is currently in voluntary administration, and as a result, the acquisition is subject to a number of conditions, including the implementation of a deed of company arrangement in relation to STA’s affairs.
STA has approximately 5,000 lots under management. Vesture has approximately 74,000 lots under management.
Property Review