Crest Hotel

IRIS GROUP SELLS TO CHINA’S BIGGEST DEVELOPER FOR $170m

Only months after announcing plans for massive redevelopment, Iris Group has divested the Kings Cross Mercure complex. Earlier this year Iris lodged plans with the City of Sydney for an overhaul of the 19-storey Kings Cross tower it bought in 2012 for $65 million, into a mecca of luxury apartments worth $300 million. But before […]

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TIME HAS COME FOR HOURGLASS TOWER: IRIS GROUP

Changing Times / Clyde Mooney

Iris Group has gotten the go-ahead for stage one of the massive redevelopment of its Kings Cross landmark, the Mercure Hotel. The Group purchased the mixed use property for $65 million in late 2012 from Australand Property Group. The building incorporated licensed venues top 25 gaming pub the Crest Hotel and late-trader Goldfish, as well

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Crest Hotel

IRIS GROUP SELLS TO CHINA’S BIGGEST DEVELOPER FOR $170m

TIME HAS COME FOR HOURGLASS TOWER: IRIS GROUP

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