$45m Veriu Green Square Sydney hotel development begins construction
The $45 million Veriu Green Square hotel development, a joint venture between Veriu Hotels & Suites and Folkestone, commenced construction this week which is set to bring a further 144 rooms to Sydney’s thriving hotel market when it opens late 2019.
Folkestone Funds Management Limited has announced that it has launched the Folkestone Green Square Hotel Fund to acquire and construct a 144 room hotel at 18 O’Riordan Street, Alexandria in Sydney's South.