Brisbane, Australia / Photo: Shutterstock.com
The deal was completed at the end of June despite challenging market conditions brought on by the COVID-19 pandemic.
July 02, 2020 at 04:50 PM
1 minute read
Correspondent, Sydney
Australian firm Allens has advised the Destination Brisbane Consortium on $1.1 billion of project financing for the Queen’s Wharf Development project in Brisbane, while Gilbert + Tobin acted for the lending consortium.
Scheduled for completion in late 2022, the A$3.6 billion (US$2.5 billion) Queen’s Wharf Development is an integrated hotel, entertainment and retail development on the Brisbane River. The project also includes 2,000 apartments, which will be financed separately.
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