Ann: Media Release - H1 FY24 Financial Results, page-24

As a mostly lifelong Brisbane resident, I feel like the development is going to be a HUGE success for the city. It looks incredible when you drive into the city or go to Southbank and I feel as though it is really going to compliment Southbank opposite each other on that western side of the CBD.

I can remember that Southbank area pre-Expo 88 very well and it is incredible how beautiful Brisbane has become all around the Southbank, Kangaroo Point, Story Bridge precinct. This development is going to give the city a real boost, a touch of class, and complement those other areas all within easy walking distance.In the mid 2000's I owned Multiplex shares when they were building Wembley Stadium in London and they had all sorts of problems, especially with delays and the share price got SMASHED. It is well remembered for being a horribly run project and anything that could go wrong, did go wrong. Once, the stadium was built, the share priced recovered, thanks mostly to a takeover bid

.I TOTALLY appreciate that SGR's issues or problems are much deeper than any delays or blowouts in development costs and are more regulatory in nature. I was searching SE QLD to buy an investment property just when the Olympics were announced and that announcement prompted me to narrow my search to Brisbane and I bought on the fringe of the CBD, which has turned out to be good timing (so far). I do believe that Brisbane will thrive leading up to and after the Olympics with all of the investment in various parts of the city. And I feel as though the Queen's Wharf Development will be a huge success.

I don't hold SGR but at this price, along with such negative sentiment going around, I will be buying as the opening nears and will happily bottom draw it.