Developer Sammut defies Gold Coast boom and bust fears on $200m tower
Allen Sammut is proceeding with the construction of a $200m luxury tower at Surfers Paradise, as others back out, despite rising costs crimping profits.
Source: afr.com
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Top News In Central Equity Today - Breaking & Trending Today
Why building cost inflation is set to ease from next year: report
The latest predictions from consultancy RLB provide a hopeful sign for many players across construction.
Source: afr.com
Central Equity ditches $500m Gold Coast tower due to rising construction costs
Central Equity has abandoned plans to build a 56-story apartment block amid fears that “unprecedented” expenses would make it unprofitable.
Source: afr.com
Chemist Warehouse co-founder sells Melbourne housing site for $63m
The former 45.3ha farm, which can support almost 500 housing lots, was sold by the Verrocchi family to development giant Central Equity.
Source: afr.com
Central Equity dismisses apartment oversupply fears as profits double
The “Metricon of Melbourne″ settled almost all the 640-odd apartments in its highest tower to date and is moving confidently ahead with new projects.
Source: afr.com