Leighton and ICP Lodge Plans to Build $95 Million, Part of Ipswich City Heart

LEIGHTON Properties with Ipswich City Properties have lodged plans to build an office building within the $1 billion Ipswich City Heart development (proposal image, right).

It is proposing a nine-level tower with about 18,000 square metres of A-grade space. According to the AFR the state government is finalising a 15,000 square metre lease within the building, expected to house 1200 state public servants.

Ipswich lord mayor Paul Pisale said the proposal proves Ipswich is becoming  a CBD in its own right.

Read more

Control of Noosa Resort Seized by Receivers

RECEIVERS McGrath Nicol has been appointed to seize control of a major, high profile resort developed by two major, high profile property institutions.

Suncorp Bank is seeking that a $43 million line of credit be repaid by Viridian Noosa Pty Ltd.

Viridian controls a $300 million resort by the same name, and operated by Outrigger. Leighton Properties and Macquarie Real Estate developed the five star resort which was completed last year.

Read more