Australia
Valad real estate development team operates as a fully resourced property development group in Australia. It is capable of developing a variety of property types across any sector for both investment stock, and as purpose built facilities for tenant or owner occupation.
Current Development projects include:
One Alfred Street, Sydney
Head of Capital Transactions: Mark Frinsdorf
Contact: +61 2 8257 6701
Email: mark.frinsdorf@valad.com.au
One Alfred Street (Gold Fields House) is a landmark building within the core of Sydney CBD and tourism precinct. Owned in joint venture by Valad’s development business (21%), Stichting Pensioenfonds ABP (40%) and its Australian V-Plus Fund (39%), the One Alfred Street development will comprise up to 37,500 square metres of developable floor space.
Valad has received Stage 1 Development Consent for the One Alfred Street redevelopment project at Sydney’s Circular Quay. The approval from the City of Sydney Planning Committee is a milestone for Valad which will now proceed with an international architectural competition to create a world-class complex which will feature a significant residential component.
14-16 Hastings St, Noosa Heads
Senior Development Executive, QLD: Nick Timmins
Contact: +61 7 3020 0233
Email: nick.timmins@valad.com.au
14-16 Hastings St, Noosa Heads, Queensland is currently operated as the 'Sheraton Noosa Resort & Spa', part of the Starwood Hotel and Resorts Group. The asset comprises 175 guest rooms together with retail and food and beverage facilities and is Noosa's only 5 star international hotel>
Noosa is a burgeoning market and the Sheraton Noosa Resort & Spa provides Valad with a great footprint in the hotel sector, an area in which we see value on a replacement cost and per square metre basis. Valad and it's co-investor Ashington, will look to add value to the site in conjunction with assessing the numerous opportunities that the prime location offers