Chinese-backed Visionary Investment Group (VIG) will launch 131 luxury apartments on Castlereagh Street in the Sydney CBD this month, the company's first move since purchasing at least eight CBD blocks bounded by Castlereagh, Pitt, Bathurst and Liverpool streets in 2014, according to The Australian Financial Review.
Backed by capital partner United Real Estate from China, VIG is launching the Silkari on Castlereagh residences as part of its mixed-use project located at the corner of Bathurst and Castlereagh streets, along with its newly created hotel brand Silkari.
In a similar stylistic vein, Silkari Suites at Chatswood, approximately 10km from the CBD, is accepting bookings from 1 December 2016 (pictured).
Silkari is a hotel located in the heart of Chatswood's business, arts and shopping district. The 11 floor tower houses one and two bedroom apartments, with facilities including a gymnasium, restaurant, and direct access to The Concourse.
Silkari is listed as Australia's newest innovative hospitality and luxury property brand, created by Visionary Investment Group.