Fiji Times Saturday 04 March DEVELOPERS of the Suva foreshore would be calling for expressions of interest from businesses and other investors to purchase or lease their property once their project is complete.
Carpenters Properties Ltd announced its multi-million project early this week.
WR Carpenter (PNG) Group of Companies Group CEO Sir Morgan Lourdenadin said they expected to invest $120 million in the first phase of the project which was expected to be completed in 2019.
Sir Morgan said soil work on the project was expected to start next month. The group intends to develop 10 acres of waterfront prime real estate in Suva into one of the finest tourism and real estate development in the country. The project is expected to be developed in different phases and would include the following:
* two 3-4 star hotel developments one of which will be constructed by Carpenters Properties Ltd;
* apartment blocks, townhouses and offices; Read more…
