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TMG Developments owner Robert Magid sells Manly Wharf for $80 million

TMG Developments owner Robert Magid sells Manly Wharf for $80 million
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AFR Rich List 2023: Why Robert Magid is selling Manly Wharf and what he plans to buy next

After a spate of key staff departures, Robert Magid is selling down his storied portfolio and kicking himself out of his own office. Here’s what he’ll do next. ....

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Rich Lister Robert Magid departs from Manly Wharf in $80m deal

The Manly Wharf sale is part of a broader sell-down of the Rich Lister’s property interests as he recycles capital into technology investments and prepares for family succession planning. ....

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Robert Magid puts $80m Manly Wharf up for sale as property sales continue

The Manly offering is part of family succession planning and follows Robert Magid’s sale of the Harbour Rocks Hotel in Sydney and the Hotel Lindrum in Melbourne. ....

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Robert Magid sells Harbour Rocks Hotel to Indonesia family for $40m

The Karim family, who own palm oil giant Musim Mas, purchased the boutique Harbour Rocks Hotel from Mr Magid to add to a hotel they own in Singapore. ....

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