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James Packer behind $110m deal for Surry Hills heritage building

Larry Schlesinger
Larry SchlesingerReporter
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Billionaire former casino mogul James Packer has backed developer Time & Place’s $110 million acquisition of a historical warehouse site in Sydney’s Surry Hills that it plans to transform into half a billion dollars’ worth of luxury apartments.

Marlborough House, the former David Jones warehouse at 47-97 Marlborough Street, was acquired by Time & Place in partnership with investment firm NPACT, founded and led by former Crown Resorts executive director Todd Nisbet.

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Larry Schlesinger was a reporter at The Australian Financial Review.
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    Original URL: https://www.afr.com/property/commercial/james-packer-behind-110m-deal-for-surry-hills-heritage-building-20241204-p5kvq4