Chinese tourism has reached a new $10 billion record in Australia
Spending by Chinese tourists has reached a new record in Australia - exceeding $10 billion for the first time. The $10.3 billion record is one of many broken in the International Visitor Survey released last week.
Resort Brokers Australia release their December 2017 Informer Magazine
Resort Brokers Australia reports a record in activity and turnover with their running tally for the 2017 calendar year showing 173 settled sales of properties across all states and territories, with a total value nudging $290 million.
Perth’s new $1.45 billion Optus Stadium with a 60,000 seat capacity is set to open in January 2018 with the stadium confirming it will host the One Day International cricket match between Australia and England on Sunday, 28 January, 2018.
Melbourne's The Valley Racecourse $2 billion redevelopment
The transformation of one of Australia’s most famous sporting venues, The Valley Racecourse, will create a vibrant new lifestyle, sporting, residential and destination precinct that will deliver a wealth of community benefits for generations to come.
Sydney Airport's record performance with 43 million passengers in 12 months
Sydney Airport has for the first time facilitated a record 43 million passengers through its three terminals over the last 12 months, with October international passenger growth remaining strong at 5.8% versus the prior corresponding period.
Folkestone Funds Management Limited has announced that it has launched the Folkestone Green Square Hotel Fund to acquire and construct a 144 room hotel at 18 O’Riordan Street, Alexandria in Sydney's South.
Construction officially begins at Saraceno Group's $1 billion M-City development
Mantra Group will operate the hotel and letting apartment component of Saraceno Group's $1 billion mixed-use development in Clayton, one of the fastest growing employment corridors in Melbourne's south-east.
CBRE reports major tourism projects bringing investment back to Brisbane
The new Brisbane International Cruise Terminal, Queens Wharf Development and several other major projects currently underway will boost the appeal of Brisbane as a destination for both domestic and international visitors.