Greenland Group, Australia has appointed Brookfield Multiplex to build its $800 million Greenland Centre Sydney residential tower. Construction activity is expected to be seen onsite as soon as April with the project's programme of works on track as per schedule.

Greenland Centre Sydney is the group's first landmark tower in the heart of Sydney's CBD. Located at 115 Bathurst Street, it will be Sydney's tallest residential tower, comprising 478 apartments, a 172-room boutique hotel, 275 square metres of retail space and 2,000 square metres of floor space dedicated to Council's creative hub. Only 12 apartments remain available after an unprecedented pre-sale period with one of the penthouses selling last week for over $10 million.

The design by BVN Donovan Hill and Woods Bagot is set to be an architectural tribute to the city of Sydney.

Sherwood Luo, Managing Director Greenland Group, Australia, said “We are delighted to be partnering with Brookfield Multiplex to construct this iconic and stunning city apartment building that will transform the Sydney skyline. A project of this scale and complexity needs the technical expertise and significant residential construction and development experience that Brookfield Multiplex can deliver.”

“For Brookfield Multiplex to be appointed to such an iconic new residential development is a considerable achievement for our team and we are excited to be a part of it. With our expertise in delivering complex high-rise apartment projects within busy CBD environments, we are confident we will deliver an outstanding project for Greenland,” said David Ghannoum Regional Managing Director of New South Wales at Brookfield Multiplex.

Brookfield Multiplex has extensive residential construction and development experience having built some of Sydney's most exclusive and high quality towers including Lumiere, The Wharf, Woolloomooloo, Bennelong Centre and Manhattan Apartments.

The Trish Nicol Agency on 02 9356 2711 or trish@trishnicolagency.com.au

For further media information about Brookfield Multiplex please contact Jacqueline Connors or Karen Gampenov at The PR Partnership
Ph: (02) 8088 8727, 0432 490 249 (JC) OR (02) 8088 8726, 0411 795 131 (KG)
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About Greenland:
Established in 1992, Greenland Group is a pioneer in China's integrated real estate market. It currently ranks 268 in 2014's Fortune Global 500, and is the fastest growing company in China and third-fastest in the world.

In 2013, Greenland Group recorded $US 54 billion in income, with a total profit and tax of $US 4.6 billion and total assets of more than $US 58 billion. This growth can be attributed to the company's real estate interests and development supported by its interests in related industries such as hotel, energy and finance.

The company's foundations are in the real estate industry, where it employs an innovative approach and positive vision for the future. Its real estate projects are spread throughout more than 90 cities in 29 Chinese provinces, including Shanghai, Beijing, Hong Kong, Chongqing and Guangzhou.

In the past two years, Greenland Group has begun moving into international markets, making full use of its resources in China and globally. Overseas investments have already begun in US, Canada, UK, Germany, Spain, South Korea, Thailand, Malaysia and now Australia, with more opportunities to follow.

Recent highly successful developments in Sydney, Australia include Sydney's tallest residential building, 'Greenland Centre Sydney' and 'Lucent' in North Sydney.

About Brookfield Multiplex
Brookfield Multiplex has been delivering landmark property and infrastructure assets for more than 50 years. We are a leading international contractor with a focus on sustainable growth and a presence in Australia, the Middle East and Asia, Europe and Canada.

Established in 1962, we have 877 works to date* with a combined value of more than US$59 billion (AU$65.9 billion).

We have expertise across the residential, health, retail, commercial, tourism, education, engineering and infrastructure sectors, and have earned more than 550 industry awards.

About Brookfield Asset Management
Brookfield is a global alternative asset manager with approximately $200 billion in assets under management. We have over a 100-year history of owning and operating assets with a focus on property, renewable energy, infrastructure and private equity.

We offer our clients a range of public and private investment products and services with a goal of delivering superior risk-adjusted returns.

Brookfield is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM and on the NYSE Euronext under the symbol BAMA. For more information, please visit our website at www.brookfield.com. 

*Works to date includes current and completed projects