Embattled Star Entertainment Offloads Treasury Site for $67.5 Million
Embattled Star Entertainment Offloads Treasury Site for $67.5 Million
The transaction is still subject to government approval and the grant and registration of a lease. However, these are 'targeted to occur on or around' September 27, and with the Queensland government eager to support the struggling company, delays are not anticipated.Star Entertainment (ASX:SGR) has sold its Treasury property in Brisbane, as the embattled gaming giant scrambles for fresh financing and a tax reprieve to manage cost blowouts at its new marquee Queen's Wharf development.
科创板娱乐（ASX:SGR）出售了其位于布里斯班的金库物业，由于其新的明星女王海港发展项目的成本爆炸，这个备受困扰的游戏巨头正在竭力寻求新的融资和税收减免来管理其成本。
The company confirmed months of speculation late on Friday, announcing that the historic site would be sold to Griffith University for $67.5 million.
公司在周五晚间证实了几个月的猜测，宣布这一历史悠久的场所将以6750万澳元的价格出售给格里菲斯大学。
Star expects to pocket $60.7 million from the sale.
星秀预计从这笔交易中获得6070万澳元的利润。
The transaction is still subject to government approval and the grant and registration of a lease. However, these are 'targeted to occur on or around' September 27, and with the Queensland government eager to support the struggling company, delays are not anticipated.
该交易仍需政府批准和租赁的授权和登记。然而，这些手续“预计将在9月27日左右”完成，并且昆士兰州政府热衷于支持这家陷入困境的公司，不会延迟。
The sale follows the closure of the Treasury Brisbane Casino on August 25, which preceded the opening of the company's costly Queen's Wharf casino in Brisbane's CBD.
在8月25日的布里斯班CBD公司昂贵的女王海港赌场开业之前，这次出售紧随着布里斯班金库赌场的关闭。
The sale proceeds will not be enough to resolve the company's current funding problems, nor will it expedite the release of its 2023-24 accounts and report.
这笔交易所得款项将不足以解决公司当前的资金问题，也不会加快其2023-24年度财务报告的发布。
