NXT Building Group moves into Victoria with Arden buy

According to The Australian Financial Review, Asahi Kasei Homes-owned NXT Building Group has made its long-anticipated move into the Melbourne market with the acquisition of sustainability-focused builder Arden Homes for an undisclosed price.
The move by Newcastle-based NXT, formerly known as MJH Group – and the second-largest builder nationally with 4143 housing starts – to buy a company that ranked 64th nationally last year with just 228 starts gives it a crucial footprint in the market it has lacked.

https://www.afr.com/property/commercial/nxt-building-group-moves-into-victoria-with-arden-buy-20230220-p5clvv