QUEENSLAND, AUSTRALIA—One of Australia's most iconicGreat Barrier Reef islands, GreatKeppel Island, is the focus of a search forinvestors to capitalize on the largest development approval eversecured in the area, including the country's only islandcasino zoning.
The campaign to seek partners forthe $1.87 billion ($AUD2B) project is spearheaded by golfinggiant Greg Norman, who has designed a championship18 hole course onthe island. He was in Queensland this week to reveal the fullyapproved, multi-faceted luxury tourism and villa developmentplans.
With Norman's GreatWhite Shark Enterprises,global agents JLL have been engaged to source internationalinvestors and the prominent investment bank, Moelis& Company, has beenengaged as lead financial advisor to the project.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
