Raptis in Negotitation Over Hilton J.V.

It has been confirmed that negotiations are taking place between embattled developer Raptis Group and Brookfield Multiplex over a joint venture to complete the Surfers Paradise Hilton Hotel and Residences.

It was rumoured that Brookfield Multiplex would purchase the project outright, however it appears more likely that Raptis will retain some involvement in the development.

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