Blackstone says it has agreed to buy popular Whitsundays island from Australian winemaking family
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Hamilton Island, a popular tropical holiday destination on the Great Barrier Reef, has been sold to a US private equity firm, reportedly for $1.2bn.
New York-headquartered Blackstone – which owns the casino-hotel chain Crown Resorts – released a statement on Tuesday night announcing it had entered into an agreement to acquire the Hamilton Island resort from the Oatley family, subject to customary regulatory approvals.
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Source link : https://www.theguardian.com/australia-news/2025/dec/24/hamilton-island-great-barrier-reef-sold-blackstone
Author : Joe Hinchliffe
Publish date : 2025-12-24 01:37:00
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