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The $390 million sale of Cairns Central brings to a close a protracted effort by Lendlease to raise capital to meet redemption requests in its flagship shopping centre fund.
The official sale period for Brisbane’s Treasury buildings has begun, putting a fresh question mark over the river end of the mall’s future. But within this current state of flux, a bigger question needs to be asked.
In today’s live blog, we report calls for urgent works on an “unsafe” Brisbane CBD route after a man’s death. Plus we examine the retail future of the southern end of the Queen Street Mall, and the Reds reveal their recruitment plans.
Star Entertainment has put the Treasury Casino and Hotel on the market as it prepares to vacate these properties for Queen’s Wharf.
The offering of the two luxury hotels comes less than four months since Far East Consortium flung open the doors to the Ritz-Carlton Melbourne.