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Jerry Schwartz buys into the Liberman's Four Points Sheraton

People & Companies / Latest News

Australia

Jul 27 2017

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Carolyn Cummins

Oriiginally published in The Sydney Morning Herald

Hotel developer Jerry Schwartz has joined forces with a Melbourne-based Liberman family-backed funds manager, Impact Investment Group, to develop the new Four Points by Sheraton in downtown Sydney.

IIG entered into put and call options with joint-venture developers Frasers Property Australia and Sekisui House Australia in April to acquire a hotel and an office building that form part of the Central Park precinct for about $190 million.

 

Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald

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