APARTMENTS – NEW SOUTH WALES – DESIGN AND CONSTRUCTION

Harry’s wild about a $15bn deal

roymorgansocial Leave a comment

Original article by Lisa Allen
The Australian – Page: 15 : 27-Jan-15

Real estate development group Meriton Apartments aims to release some 3,000 new units in 2015 and 5,000 in 2016. The projects in the Sydney suburbs of Mascot and Pagewood respectively will be worth $A1bn and $A1.5bn. Founder Harry Triguboff says that if Meriton is divested by him, he could gain up to $A15bn and switch his focus to infrastructure developments such as water reservoirs. He also argues that there is scope for further official cash interest rate reductions by the Reserve Bank of Australia

CORPORATES
MERITON APARTMENTS PTY LTD, RESERVE BANK OF AUSTRALIA, GRANT SAMUEL AND ASSOCIATES PTY LTD, COUNTRY GARDEN HOLDINGS COMPANY LIMITED, IBISWORLD PTY LTD, WOOLWORTHS LIMITED – ASX WOW

Eliza’s crowning glory yours for $15mn

roymorgansocial Leave a comment

Original article by Samantha Hutchinson
The Australian Financial Review – Page: 47 : 6-Nov-14

Savills and McGrath are marketing a luxury apartment in the Sydney CBD on behalf of its developer, Ceerose. The 499sq m penthouse comprises three floors of the developer’s Eliza apartment building, which is adjacent to the Sheraton on the Park hotel. The penthouse is expected to fetch at least $A15m, and features four bedrooms, a lap pool, a marble staircase and a private elevator

CORPORATES
CEEROSE CONSTRUCTIONS PTY LTD, SHERATON ON THE PARK, LEND LEASE GROUP LIMITED – ASX LLC, SAVILLS (AUST) HOLDINGS PTY LTD, McGRATH REAL ESTATE PTY LTD, GROCON PTY LTD, COCO REPUBLIC, ARTBANK

Ultra-luxury apartment unlikely to sell

roymorgansocial Leave a comment

Original article by Samantha Hutchinson
The Australian Financial Review – Page: 5 : 31-Jul-14

The architecture firm responsible for designing Sydney’s Crown Casino tower proposes to reserve the top three floors for a single apartment. There has been media speculation that the luxury penthouse could fetch around $A100m, but some real estate agents question whether anybody would be prepared to pay such a figure for an apartment in Australia. However, CBRE’s Justin Brown and Savills’ Adam Ross say such a price is possible

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, CBRE PTY LTD, SAVILLS (AUST) HOLDINGS PTY LTD, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, WILKINSON EYRE ARCHITECTS, SIMEON MANNERS PROPERTY