'aucun regrettes', on a lazy Sunday

A dead horse indeed;

KOORALBYN VISION SEEKS A PARTNER
Written on the 26 June 2014 by Nick Nichols

BRISBANE real estate identity Peter Huang has put the feelers out for a strategic partner to help him achieve his goal of bringing the long-dormant Kooralbyn Resort back to life. Huang, who bought the resort last year for an undisclosed sum, says a fully developed Kooralbyn could have an end value of $1 billion.
He has mapped out an initial $10 million five-stage renovation plan for the property which was developed more than 40 years ago and for many years was a playground for the rich and famous.
Huang settled the deal for Kooralbyn this month and says he has been approached by a number of parties seeking to buy hum out. ....................................................

Kooralbyn Resort has lain dormant for more than six years following the collapse of former owner MFS Ltd.
Huang bought the property from Asset Resolution Group, which had acquired it from Wellington Caopital’s Premium Income Fund as part of a $91 million mortgage portfolio buyout.
Previous attempts by receivers to sell the property have failed, including an abandoned deal for $25 million in 2011, leading to discontent from the local community over the fate of the property and its effect on local property prices.
-----------------------------------------------------------------------------------------------
Yep, no horse-beat there!

Cheers,