This week 2 industrial sites with development potential were sold for $83M. The first, at 1403 The Horsley Dr was sold for $21.89M. A Development Application for...

Wetherill Industrial Park Sales

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CDL to acquire Sofitel Brisbane Central

City Developments Limited, through its wholly-owned hotel subsidiary Millennium & Copthorne Hotels Limited and in a 50:50 Joint Venture (JV) with its New Zealand-listed subsidiary Millennium & Copthorne Hotels New Zealand Limited, has agreed to acquire the Sofitel Brisbane Central hotel in Australia from Brookfield Asset Management at a purchase price of A$177.7 million, or A$427,000 per key.