Makris Group in talks with lenders for $500 million building project in Queensland


Greek Australian property developer, Makris Group, is in talks with lenders to receive support for its $500 million expansion of Gold Coast’s Marina Mirage shopping precinct, according to a report by Real Commercial.

The South Australian company, led by Con Makris, plans to add a new hotel, 90 luxury apartments, additional retail stores, alongside new dining outlets.

Jason Makris, who is Con’s son, told Real Commercial that despite interest rates rising and causing challenges across all sectors, they are “confident” in securing a lender.

Supplied Editorial Artist's impressions of Makris Group $500 million redevelopment of Marina Mirage. Picture: Supplied by Makris Group
Artist’s impression of Makris Group’s $500 million redevelopment of Marina Mirage.

“This includes traditional lenders and alternative financing sources,” Jason said.

“We hold strong, long-term relationships with several first tier financiers as well as others and are confident in our ability to secure finance and deliver the project.”

Makris Group said they look forward to the potential of the Gold Coast region and its future prospects.

Source: Real Commercial

Angelo Tsarouchas Skits and Wits tour




By subscribing you accept our Terms of Service and Privacy Policy.
Angelo Tsarouchas Skits and Wits tour


Latest News

How Commodore John Stavridis commemorates ANZAC Day every year

Every year, on April 25, Australians honour all those who have fallen, those who have served and all of those who continue to serve.

Australian track and field athlete Mikeala Selaidinakos aims to qualify for Paris Olympics

On Thursday 25 April, Australian track and field athlete Mikeala Selaidinakos will depart for the World Athletics Relays Bahamas 24.

‘I get closer to my faith’: Greek Orthodox people on the importance of fasting for Easter

With Orthodox Easter around the corner, the Lent period leading up to Holy Saturday and Anastasi continues.

Honouring the memory of dual ANZAC Constantine Aroney BEM at his restored grave

Each year on ANZAC Day we commemorate those who fought and died at Gallipoli in 1915 and those brave men and women who have fought since.

Women’s justice champ unveils the untold story of WWII ANZACs from Brunswick to Greece

Phil Cleary's latest project, “Gladys and the Brunswick Boys,” delves into the experiences of World War II ANZACs who fought in Greece.

You May Also Like

Greek pilot who murdered British wife drops appeal for reduced sentence

The Greek pilot who killed his British wife Caroline Crouch has announced he will drop an appeal to overturn his life sentence.

Greek Fest Darling Harbour adds exciting Greek Rap Battle to line up

The 20th Greek Fest Darling Harbour is set to break new ground with an electrifying addition to its lineup – the Greek Rap Battle Competition.

Former lift truck driver Theo Seremetidis paid out by Qantas

Theo Seremetidis will receive $21,000 from Qantas after the company was found guilty of illegally standing him down early on in the pandemic.