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MacBank to take stake in Aviate

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The Adviser

Macquarie Bank has signed a deal with Aviate Group Pty Ltd to acquire up to 30 per cent of the specialist property investment company in the future.

Aviate’s managing director Neil Smoli, describes the deal as a “milestone” for Aviate that will give it access to growth capital and the ability to “provide a higher level of service and support to our clients and property investors in general”.

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