DLA Piper has advised Thailand-based hospitality group Dusit International on its role in the development of a AU$550 million golf and spa resort in Brookwater, Queensland. Dusit will provide technical and consultative expertise during the development phase, and operational capability during the operations phase.
The Dusit Thani Brookwater Golf & Spa Resort phase one of development will include 168 apartments with private plunge pools, a recreation club with lagoon pools, lap pools and water slides, a gym, bridal centre, four restaurant, lobby lounge, executive club and a Devarana Spa. Food markets and events spaces will also form part of the first phase, which is valued at AU$110 million and is expected to be completed in the third to fourth quarter of 2016.
When fully completed AU$550 million will have been spent on the resort, which will feature 520 apartments along with other facilities such as a tennis stadium, water park, retail area, aquatic centre and convention centre.
Dusit International now operates a portfolio of 24 hotels in nine countries. This is the first resort in Australia for the group which earlier this year made its debut in the US and Kenya.
The DLA Piper Thailand team was led by Dusadee Jittasaiyapan, and Benjamin Hirasawa, with assistance from Jonathan Lynch and Supranee Arjjit. Australian aspects of the deal were led by Brisbane-based partner Rod Besley with assistance from Jock McCormack, Mahoney Smith and Anshu Maharaj.
Source: news.dlapiper.com
