The battle for a major stake in Nedlands-based Axiom Properties Ltd took a new turn today with joint venture vehicle Saramac Nominees and Axiom entering an agreement that would see Saramac paying $11.6 million for a 49 per cent stake in Axiom.

The battle for a major stake in Nedlands-based Axiom Properties Ltd took a new turn today with joint venture vehicle Saramac Nominees and Axiom entering an agreement that would see Saramac paying $11.6 million for a 49 per cent stake in Axiom.