The seller is Australia’s Wattle Development Pty Ltd, which is 50% owned by Star Entertainment. Other partners include Hong Kong-based Chautai Phuk Enterprises Ltd. and Far East Consortium International Ltd. 파칭코사이트인포
The suitors have been identified through existing business interests owned by the Carredis and Randy families, who already own many famous beach hotels in Australia.
Australia’s earth and sand development paid A$140 million for gold coast properties in January 2017. The sales price is lower than originally requested by suppliers of more than A$200 million.
Star Entertainment said in a statement on Monday that the deal represents 21 times its expected 2023 earnings before interest, taxes, depreciation and amortization and represents a price of about A$650,000 per room key.
Star Entertainment said last week that Charterhall Group, an Australian listed property trust fund, ended the sale of its Treasury casino and Hotel Brisbane in Queensland.
The casino company is also involved in the development of the Queen’s Wharf Brisbane plan. The latter casino resort is being developed by the privately owned Destination Brisbane consortium in a joint venture between star entertainment, chautai puk and the far east consortium.
The Queen’s Wharf project has faced delays several times in recent months, and now publicists expect it to open in April 2024.
