MRCB scraps apartments for $457m hotel and office development in central Auckland

🌐 New Zealand Herald (NZ) —

AI Summary

Malaysian developer MRCB has abandoned plans for luxury apartments beside Auckland's City Rail Link and is instead pursuing a hotel and office development valued at $457 million. The project is in central Auckland.

The Malaysian developer has ditched plans for CRL-adjacent luxury apartments.

Markets Deals Real Estate Travel MRCB Auckland hotel development office development apartments scrapped City Rail Link

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