News and Announcements
Conditional Sale Contracts for TSA Sales & San Remo Update from Unity Pacific
- Published December 18, 2015 4:39PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
18th December 2015, ASX Announcement
Unity Pacific Limited (ASX: UPG) (Unity Pacific) announces it has entered into conditional contracts for the sale of 760² of transferable development rights which attach to the 308 Queen Street heritage buildings and provides information about a positive town planning development for the land at San Remo.
Sale of TSAs
Unity Pacific currently owns 1,134m² of transferable development rights known as TSAs (or transferable site areas) which attach to the 308 Queen Street heritage building.
Unity Pacific has exchanged two conditional contracts for the sale of 760² of TSAs for a total sale price of $1.23 million to $1.29 million. The 30 June 2015 book value of the contracted 760² of TSAs was $0.3 million. The contracts are subject to relevant purchasers obtaining a development approval from the Brisbane City Council for their respective residential development projects by 30 June 2016 and 30 September 2016 respectively.
To read the full announcement, please click here.
Company Updates
Capital Is Flowing – Just Not to Everyone: Inside Australia’s $1.8 Billion Q1 2026
Australia’s startup ecosystem opened 2026 with a number that demanded attention. In the first three months of the year, $1.8 billion was raised across 81 venture deals and 26 accelerator rounds. That makes Q1 2026 the strongest start to a year since the 2022 boom, up 63% on Q1 2025, and more than double the […]
The control layer for the electrified home
THE MARKET SHIFT Australian households have been pulled into a real-time energy market they never knowingly signed up for. Flat electricity tariffs are disappearing. In their place: dynamic, time-of-use pricing that changes depending on when power is consumed. Electricity is now cheapest when solar floods the grid in the middle of the day — and […]
500 Million Episodes, Limited Treatment: How Patrys is Bridging the Gap in an Underserved Market
In the clinical vocabulary of the Intensive Care Unit, there is perhaps no word that carries as much quiet dread as delirium. It is a “chemical storm” of the brain—an acute dysfunction where the delicate balance between calming and activating signals is scrambled. For the patient, it can be a waking nightmare of hallucinations and […]
Backed By Leading Investment Groups and Family Offices
