After years of speculation, a $250 million plan to overhaul the Kuwait government-owned St Martins Tower has finally been revealed.
Kuwaiti government-owned St Martins Properties has finally released details on its $250 million plan to convert three Perth skyscrapers into a hotel, office and retail space.
Plans to convert St Martins Centre into a 240-room hotel, 26,000 square metres of premium office space and 2,700sqm of retail and hospitality have been lodged with the City of Perth today.
This follows years of speculation about the property, at 40 to 50 St Georges Terrace, including a failed bid to divest the asset.
Elisha Newell and Isabel Vieira unpack the biggest M&A and ECM deals of the past six months.
