Teak Capital Partners of Singapore has bought into the 25-level Grande Pacific development at Southport on Queenslands Gold Coast for $44 million. The development is largely sold while still nearing completion. Teak Capital is reported to have first option on other Grande Pacific developments, reflecting long term confidence in the market and high rise model.
Government Policy
The three aged care bombshells from Senate Estimates
Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.
