Billionaire Twiggy Forrest Snaps Up Sydney’s Waldorf Astoria In $575 Million Deal
Australian mining royalty Andrew and Nicola Forrest have acquired the country’s first ever Waldorf Astoria in Sydney’s Circular Quay precinct, in a huge $525 million transaction. The couple have purchased the asset through their investment vehicle Tattarang, from the developers of the property Lendlease and Mitsubishi Estate. Developed as the Waldorf Astoria Sydney – the…