The Glen: Glen Waverley shopping centre’s new deal

A financial group headed by Swans chairman Andrew Pridham has spent a massive $327.5m on a stake in a major Melbourne shopping centre that’s home to 536 apartments.Located in Glen Waverley, The Glen includes Coles, Woolworths and Aldi supermarkets, retailers David Jones and Target, and three towers containing the luxury apartments’ development – although the residential component is not owned or managed by the same businesses as the shopping centre.MA Financial Group, where Swans chairman Andrew Pridham is an executive, has acquired a 50 per cent stake in The Glen shopping centre.Named Sky Garden, the complex offers a 4000sq m landscaped podium garden with barbecue areas and a children's’ playground, plus an indoor pool, gym, yoga area and library.RELATED: Dustin Martin, Ralph Carr offload Melbourne investmentPremiership Hawk James Morrissey cuts $300,000 off Glen Huntly home’s priceMelbourne homeowners cash in as NFL visit sparks rental surge MA Financial Group announced its acquisition of a 50 per cent share in The Glen, on Thursday.The firm’s co-founder and group vice chairman of financial services is Mr Pridham, who has also served as the Sydney Swans chairman since 2013.MA Fin...