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SilverNeedle ties up with QIC Global to open Melbourne hotel

Wednesday, May 25, 2016 - 05:50

Singapore

SINGAPORE-BASED SilverNeedle Hospitality Group and wholesale funds manager QIC Global Real Estate will open a 300-room NEXT hotel in Melbourne's central business district in 2019.

This deal - at a development cost of US$110 million - has QIC GRE as the investment partner