The Age
·general
·1 hour ago
Plans for $1.5b luxury Trump Tower on Gold Coast axed, developer confirms
Altus Property Group has scrapped plans for a $1.5 billion Trump Tower on Australia's Gold Coast, less than three months after signing a deal. The 285-room luxury hotel would have been Australia's tallest building at 91 storeys. Chief executive David Young cited the Trump brand becoming "increasingly toxic in Australia" amid geopolitical tensions, not breaches of obligations.
Summary by Glance · The Age
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