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.
科創板娛樂（ASX:SGR）出售了其位於布里斯班的金庫物業，由於其新的明星女王海港發展項目的成本爆炸，這個備受困擾的遊戲巨頭正在竭力尋求新的融資和稅收減免來管理其成本。
The company confirmed months of speculation late on Friday, announcing that the historic site would be sold to Griffith University for $67.5 million.
公司在週五晚間證實了幾個月的猜測，宣佈這一歷史悠久的場所將以6750萬澳元的價格出售給格里菲斯大學。
Star expects to pocket $60.7 million from the sale.
星秀預計從這筆交易中獲得6070萬澳元的利潤。
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.
該交易仍需政府批准和租賃的授權和登記。然而，這些手續「預計將在9月27日左右」完成，並且昆士蘭州政府熱衷於支持這家陷入困境的公司，不會延遲。
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公司昂貴的女王海港賭場開業之前，這次出售緊隨着布里斯班金庫賭場的關閉。
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.
這筆交易所得款項將不足以解決公司當前的資金問題，也不會加快其2023-24年度財務報告的發佈。
