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Melbourne development consortium snaps up vast Merri Park for $100m Save Share A consortium of investors that includes Chinese-backed local developer Sino Integrity Group and Melbourne hospitality operators the Scerri family has struck one of the biggest residential land deals in Melbourneâs north, after acquiring the vast Merri Park estate from the descendants of renowned business figure Sir Cecil Looker. Merri Park covers 434.6 hectares with the capacity for 1000 new homes. On offer was the opportunity to develop between 900 and 1000 housing lots within a new 110-hectare suburb as part of the already approved Donnybrook Woodstock Precinct Structure Plan (PSP), and a future 199-hectare industrial estate within the Beveridge Intermodal Freight Terminal precinct. ....
Sativa Wellness Group Inc. Provides Board of Directors Update Sativa Wellness or the Company ) is pleased to announce changes in the board of directors of the Company (the Board ), who will be responsible for setting the strategic direction of the Company for the coming year. Further to the Company s news release dated January 29, 2021 regarding the Annual General and Special Meeting of the shareholders held on January 26, 2021 (the Meeting ), each of Geremy Thomas and George Thomas have been appointed as directors, and Geremy Thomas has been appointed as Executive Chairman of the Board. Following the Meeting, Henry Lees-Buckley is no longer Chief Executive Officer of the Company effective February 3, 2021. In addition to his role as Executive Chairman, Geremy Thomas will act as the interim CEO until such time as the Board appoints a new CEO. ....