{"id":1004096393,"date":"2014-05-13T05:46:26","date_gmt":"2014-05-13T13:46:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004096393"},"modified":"2022-12-08T15:49:29","modified_gmt":"2022-12-08T23:49:29","slug":"golf-giant-norman-seeks-investors-for-australias-2b-reef-island-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/golf-giant-norman-seeks-investors-for-australias-2b-reef-island-development\/","title":{"rendered":"JLL, Golf Giant Norman Seek Investors for Australia&#8217;s $2B Reef Island Development"},"content":{"rendered":"<p><em>By Anna Spiewak, News Editor<\/em><\/p>\n<div id=\"attachment_100409\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-100409\" data-attachment-id=\"1004096411\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/golf-giant-norman-seeks-investors-for-australias-2b-reef-island-development\/greg-norman-at-the-great-keppel-island-announcement-in-brisbane-april-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg\" data-orig-size=\"3232,2016\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;Rob Maccoll&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1396351202&quot;,&quot;copyright&quot;:&quot;Copyright - Rob Maccoll \/ mail@robmaccoll.com \/ +61 (0) 411 111 332&quot;,&quot;focal_length&quot;:&quot;35&quot;,&quot;iso&quot;:&quot;800&quot;,&quot;shutter_speed&quot;:&quot;0.008&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Greg Norman at the Great Keppel Island announcement in Brisbane April 1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?w=1024\" class=\"size-medium wp-image-1004096411\" alt=\"Greg Norman at the Great Keppel Island announcement in Brisbane April 1\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg\" width=\"300\" height=\"187\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg 3232w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=300,187 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=768,479 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=1024,639 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=1536,958 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=2048,1277 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=150,94 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=696,434 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=1068,666 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=1920,1198 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/Greg-Norman-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?resize=673,420 673w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-100409\" class=\"wp-caption-text\">Greg Norman presenting the Great Keppel Island project in Brisbane<\/p><\/div>\n<p>Global golfing giant Greg Norman is spearheading a worldwide search for investors to capitalize on a $2 billion tourism project on Great Keppel Island, off central Queensland&#8217;s coast.<\/p>\n<p>The largest development approval ever secured in the world heritage area includes an 18-hole\u00a08-hole championship golf course designed by Norman, as well as 700 villas, 350 luxury apartments, a beachfront hotel, marina, airstrip and a retail village. A casino is also in the plans to be built on the property.<\/p>\n<p>Along with Norman&#8217;s Great White Shark Enterprises, global agents at JLL are sourcing international investors, and investment bank Moelis &amp; co. is the lead financial advisor on the project.<\/p>\n<p>These groups are collaborating to encourage investors to buy into the project that is called the largest and possibly last of its kind on the world heritage listed Great Barrier Reef, according to a JLL release.<\/p>\n<div id=\"attachment_1004096417\" style=\"width: 160px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/JLL-head-Stephen-Conry-Greg-Norman-and-Tower-Holdings-Terry-Agnew-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004096417\" data-attachment-id=\"1004096417\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/golf-giant-norman-seeks-investors-for-australias-2b-reef-island-development\/jll-head-stephen-conry-greg-norman-and-tower-holdings-terry-agnew-at-the-great-keppel-island-announcement-in-brisbane-april-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/JLL-head-Stephen-Conry-Greg-Norman-and-Tower-Holdings-Terry-Agnew-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg\" data-orig-size=\"286,235\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;11&quot;,&quot;credit&quot;:&quot;Rob Maccoll&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1396348718&quot;,&quot;copyright&quot;:&quot;Copyright - Rob Maccoll \/ mail@robmaccoll.com \/ +61 (0) 411 111 332&quot;,&quot;focal_length&quot;:&quot;44&quot;,&quot;iso&quot;:&quot;400&quot;,&quot;shutter_speed&quot;:&quot;0.0125&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"JLL head Stephen Conry Greg Norman and Tower Holding&#8217;s Terry Agnew at the Great Keppel Island announcement in Brisbane April 1\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Stephen Conry, JLL Australia&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/JLL-head-Stephen-Conry-Greg-Norman-and-Tower-Holdings-Terry-Agnew-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg?w=286\" class=\"size-thumbnail wp-image-1004096417\" alt=\"Stephen Conry, JLL Australia\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/JLL-head-Stephen-Conry-Greg-Norman-and-Tower-Holdings-Terry-Agnew-at-the-Great-Keppel-Island-announcement-in-Brisbane-April-1.jpg\" width=\"150\" height=\"150\" \/><\/a><p id=\"caption-attachment-1004096417\" class=\"wp-caption-text\">Stephen Conry, JLL Australia<\/p><\/div>\n<p>Great Keppel is one of the Reef&#8217;s most accessible islands, a 50-minute fkight from the Queensland capital Brisbane. The integrated resort development has government approval. The island includes 17 white beaches, a tropical reef climate and natural habitat in a marine park.<\/p>\n<p>&#8220;The realization of the potential for five-star facilities on the Great Barrier Reef is unquestionable and this investment opportunity has many attractive features, not least its position in one of the world&#8217;s most pristine locations in a country that has considerable growth projections for tourism in the region,&#8221; said JLL CEO Australia Stephen Conry in the news release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global golfing giant Greg Norman, with the help of JLL,  is spearheading a worldwide search for investors to capitalize on a $2 billion tourism project on Great Keppel Island, off central Queensland&#8217;s coast.<\/p>\n","protected":false},"author":952,"featured_media":1004096411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21751,16,21783,21752,21742],"tags":[],"class_list":["post-1004096393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-hotel","category-international","category-investment","category-mixed-use","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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