11/16/2023 0 Comments The gold coast casino las vegasThe Group Is Yet to Recover from the Bell Review For reference, Australian Wattle Development originally purchased the property for AUD 140 million in 2017. The sale was officially closed on November 3, providing Star Entertainment with almost AUD $60 (approximately $39 million in USD) in net proceeds. Best known for their activity in Australia’s liquor and hospitality sectors, the families will thus be able to expand their portfolio with another major property. Grand Mirage Resort Gold Coast was purchased by the Karedis and Laundy families. The sale of the property came amid regulatory headwinds that saw the company lose public trust and experience deterioration in operating conditions. Announced earlier this year, the sale saw the Australian casino and hospitality giant sell the property for AUD 192 million (roughly $128 million at the time of the announcement). Star Entertainment Group has completed the sale of its Sheraton Grand Mirage Resort Gold Coast property.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |