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The Singh family has bought the 179-room former Pacific Hotel in Spring Hill and transformed it to a Mercure resort to be operated by Accor. Warehouse completions fell by almost 1 million sq. metres final yr, but the stabilisation of debt and development prices will gasoline a powerful rebound. Macquarie Technology Group will purchase the Intellicentre Campus at Macquarie Park from Singapore’s Keppel DC REIT as it appears to raise information storage capability. Creditors of the collapsed developer founded by wanted fugitive Jean Nassif have voted for a scheme which will get them a better payout. A new trade survey shows working situations in an business already struggling to attract ladies are additionally laying aside the subsequent era of men. The divide between prime buildings and secondary ones is most stark in Sydney.

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