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Contracts signed for S P Setia developments in Melbourne

Property & Development
SapphireByTheGardens v2
Arnold Bloch Leibler has advised Malaysian property developer S P Setia Bhd (S P Setia) on the construction contracts for the development of Sapphire by the Gardens and UNO in Melbourne.

SP Setia - a long-standing client of ABL - is one of Malaysia’s leading property developers. It has a strong presence in Melbourne with a number of iconic projects, including Fulton Lane, Parque, Maison Carnegie and Marque Prahran.

Property & Development Partner Kevin Frawley and Lawyer, Michael Repse signed the documents for the two developments last week.

Kevin commented on the firm’s involvement in the two developments: “It has been a privilege to assist our valued client in reaching this stage of two significant and iconic Melbourne developments, further strengthening SP Setia’s footprint in the city.”

“It has been a privilege to assist our valued client in reaching this stage of two significant and iconic Melbourne developments, further strengthening SP Setia’s footprint in the city.”

Kevin Frawley, Partner

Sapphire by the Gardens (pictured in main image) located at 308 Exhibition Street, Melbourne comprises of 327 apartment and a luxury Shangri-La hotel across two towers. The hotel will feature approximately 500 guest rooms and include shared podium, a gym, health and recreation centre, and an extravagant grand ballroom overlooking Carlton gardens. The eastern tower will house over 300 residential apartments.

UNO Melbourne, based at 111-125 A’Beckett Street, Melbourne comprises of 634 apartments.

Both developments are expected to be completed by 2022.

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