Post a Comment On: Brisbane Apartment

Extracts from presentation to investors:Strong market response to Hamilton Harbour project with third tower sales progressing wellHamilton Harbour (Towers One & Two) construction advancing well, with construction of third tower targeted for mid-2011 commencementHamilton Harbour has continued to attract strong sales and enquiry with: - 92% of apartments in the first two stages at unconditional contract status, and 49% of Stage 3 now sold and unconditionalHamilton Harbour Tower One is progressing well with structural cycles completing verticals up to floor 14 and slabs up to floor 12Tower Two is close to entering structural cycles which will see the structure advance noticeably from this point in the coming months First apartments expected to be completed by December 2011New opportunity secured; 107 apartment project in Teneriffe, Brisbane CBD fringe (Commercial Road - 107 apartments (1 and 2 bedroom only), marketing to commence in second half of 2011)New project signals Devine’s ability to apply high density residential capabilities to mid-scale, medium density opportunities