The very exciting finishing stages of Nirvana by the Sea are in progress and there is a great buzz on the site as the work continues toward completion.
The removal of the crane saw Douglas Street closed for two days, and all the gantry and hoarding (boards that shielded the site) have been removed. This has opened up [...]

Gold Coast Bulletin: October 9th, 2008

September 30, 2008
Following the recent sale of the Gold Coast International hotel, joint owners Raptis Group and CP1 have sold the adjoining 1.1ha site to Pandanus Beach Investments for around $30m.
Whilst the $30m is no doubt welcome, Raptis Group still have close to $300m of debt to recover in the next few months if they [...]

September 30th, 2008
EMBATTLED partners Raptis Group and CP1 have sold a large development site in Surfers Paradise, on the Gold Coast, for $30 million, allowing at least one of them to break even on their Gold Coast International hotel investment.
The partners have offloaded the 1.1ha site, north of the hotel, to Pandanus Beach Investments, a [...]