The Singh household has bought the 179-room former Pacific Hotel in Spring Hill and converted it to a Mercure hotel to be operated by Accor. Warehouse completions fell by almost 1 million square metres final 12 months, however the stabilisation of debt and development prices will gasoline a powerful rebound. Macquarie Technology Group will acquire the Intellicentre Campus at Macquarie Park from Singapore’s Keppel DC REIT because it appears to carry knowledge storage capacity. Creditors of the collapsed developer founded by wished fugitive Jean Nassif have voted for a scheme that may get them a greater payout.
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