Latest news with #Malaysian-based
Sydney Morning Herald
2 days ago
- Business
- Sydney Morning Herald
‘Living in a development site': Concerns over high-rise that would loom over Queen Victoria Market
A towering 67-storey development could soon loom over Melbourne's historic Queen Victoria Market precinct as developers await approval from the planning minister. The proposal led by Malaysian-based developer Sime Darby Property with architectural plans from COX Architects, is earmarked for 380-400 Queen Street, where a seven-storey carpark and TMG College Australia currently reside. If approved, the 220-metre skyscraper is set to reshape the city's northwestern CBD skyline. The mixed-use design proposal includes 33 levels of residential apartments, 20 levels of student accommodation, seven office floors, two retail levels, and four basement levels. A rooftop lounge and mezzanine will top it off. The plans promise to revitalise the street level with new open-air laneways, a central pedestrian arcade, and a 'pocket park' nestled between Queen and A'Beckett streets, however current residents in the area have raised concerns about its proximity to the market. The project also includes a retail hub blending food, beverage, and shopping along the laneways. Loading The plans for the site, roughly 350 metres from the Queen Victoria Market, have been called in by planning minister Sonya Kilkenny. According to documents lodged with Kilkenny, the City of Melbourne raised concerns last year over the tower's potential impact on surrounding heritage sites – including the Nonda Katsalidis designed apartment building Melbourne Terrace and the A'Beckett Street corridor – as well as its proximity to the market precinct.
The Age
2 days ago
- Business
- The Age
‘Living in a development site': Concerns over high-rise that would loom over Queen Victoria Market
A towering 67-storey development could soon loom over Melbourne's historic Queen Victoria Market precinct as developers await approval from the planning minister. The proposal led by Malaysian-based developer Sime Darby Property with architectural plans from COX Architects, is earmarked for 380-400 Queen Street, where a seven-storey carpark and TMG College Australia currently reside. If approved, the 220-metre skyscraper is set to reshape the city's northwestern CBD skyline. The mixed-use design proposal includes 33 levels of residential apartments, 20 levels of student accommodation, seven office floors, two retail levels, and four basement levels. A rooftop lounge and mezzanine will top it off. The plans promise to revitalise the street level with new open-air laneways, a central pedestrian arcade, and a 'pocket park' nestled between Queen and A'Beckett streets, however current residents in the area have raised concerns about its proximity to the market. The project also includes a retail hub blending food, beverage, and shopping along the laneways. Loading The plans for the site, roughly 350 metres from the Queen Victoria Market, have been called in by planning minister Sonya Kilkenny. According to documents lodged with Kilkenny, the City of Melbourne raised concerns last year over the tower's potential impact on surrounding heritage sites – including the Nonda Katsalidis designed apartment building Melbourne Terrace and the A'Beckett Street corridor – as well as its proximity to the market precinct.
The Age
19-06-2025
- Business
- The Age
It's a Paradox. Trump Tower developer rebrands Sydney's Radisson
Capital gain Sydney's historic Radisson Blu Plaza hotel, which was the original home of publisher John Fairfax & Sons, is being rebranded under the Paradox chain. It will be the first Paradox hotel in the country. The brand is run by Macquarie University graduate and Canada's Trump Tower developer, Tiah Joo Kim. The sandstone building at 27 O'Connell Street which covers the block to Pitt Street was built in 1856. After the Fairfax business vacated, it served as the Bank of New South Wales, then as a Westpac Bank before beginning its life in hospitality as the five-star Radisson Blu Plaza Hotel in 2000. Malaysian-based TA Global has owned the property since 1997 and plans to expand the Paradox brand around the world. The group is run by one of Malaysia's richest families and has a global portfolio of hotels in five countries including Canada, Singapore, China and Thailand. Joo Kim was appointed chief executive at just 36, overseeing the company's portfolio, including the development of Canada's then Trump International Hotel and Tower in Vancouver. The rebrand will start on July 1 under the guardianship of the hotel's long-standing general manager Peter Tudehope, who is the former chairman of Tourism Accommodation Australia NSW. Farm sale
Sydney Morning Herald
19-06-2025
- Business
- Sydney Morning Herald
It's a Paradox. Trump Tower developer rebrands Sydney's Radisson
Capital gain Sydney's historic Radisson Blu Plaza hotel, which was the original home of publisher John Fairfax & Sons, is being rebranded under the Paradox chain. It will be the first Paradox hotel in the country. The brand is run by Macquarie University graduate and Canada's Trump Tower developer, Tiah Joo Kim. The sandstone building at 27 O'Connell Street which covers the block to Pitt Street was built in 1856. After the Fairfax business vacated, it served as the Bank of New South Wales, then as a Westpac Bank before beginning its life in hospitality as the five-star Radisson Blu Plaza Hotel in 2000. Malaysian-based TA Global has owned the property since 1997 and plans to expand the Paradox brand around the world. The group is run by one of Malaysia's richest families and has a global portfolio of hotels in five countries including Canada, Singapore, China and Thailand. Joo Kim was appointed chief executive at just 36, overseeing the company's portfolio, including the development of Canada's then Trump International Hotel and Tower in Vancouver. The rebrand will start on July 1 under the guardianship of the hotel's long-standing general manager Peter Tudehope, who is the former chairman of Tourism Accommodation Australia NSW. Farm sale
Barnama
19-06-2025
- Business
- Barnama
Malaysia's Wide Agro Ventures and Japan's Orec Ink Strategic Pact for High-tech Agro Machinery Hub in Perak
OSAKA, Japan, June 19 (Bernama) -- Wide Agro Ventures Sdn. Bhd., a Malaysian-based company has sealed a strategic partnership with Orec Co. Ltd, a company headquartered in Fukuoka, Japan to establish a new state-of-the-art production facility and distribution centre at Seri Iskandar Industrial Park, Perak, with an initial investment of RM30 million on 18 June 2025. This joint initiative was unveiled through the signing of a Memorandum of Understanding (MoU) at the World Expo 2025 in Osaka. The ceremony, held at the Expo's Business Hall, drew high-level representation from both governments. It was officiated in the presence of Yang Berhormat Dato' Salbiah Mohamed, Perak State Executive Chairman for Women, Family, Social Welfare and Entrepreneur Development (attending on behalf of Yang Amat Berhormat Dato' Seri Saarani Mohamad, Menteri Besar of Perak), along with senior officials including Yang Berbahagia Dato' Dr. Roslan bin Mahmood, Senior Division Secretary of the Ministry of Rural and Regional Development, Mr. Mohamad Hashim Abdul Ghani, CEO of InvestPerak Malaysia and Mr. Gulam Muszairi Gulam Mustakim, MIDA Osaka Director.
