Mantra Group has secured management rights of the ‘FV’ Project, built by luxury property developer, GURNER. The management rights encompass 970 apartments across the project’s three towers, as well as portions of the 4,000 square meters of commercial space and leisure facilities, comprising proposed multiple food and beverage premises, conference and business facilities, numerous pools, private spa areas, a gymnasium, private dining and moonlight cinema areas, along with the expansive hotel-style rooftop amenity atop the third tower. To be managed under Mantra’s high-end ‘Peppers’ brand, ‘FV by Peppers’ will be the Mantra Group’s largest property in Australia and the second largest globally. The property will be located in Fortitude Valley, a vibrant and upcoming precinct in metropolitan Brisbane. ‘FV by Peppers’ is expected to launch later this year, upon completion of the project’s first two stages of construction in Q3-2017.
HVS APAC HOSPITALITY NEWSLETTER.