Najibi Group Plans USD $297 Million Lifestyle Project

[  Glenview, Queensland, AUSTRALIA  ]

The lifestyle project will include a world’s first Wave Reservoir, a world-class waterpark and extreme water sports facilities, an Olympic standard training center, a 4-star hotel, a conference and exhibition center, restaurants, and retail outlets.

The project will be located on Australia’s Sunshine Coast, a metropolitan area and tourism destination, and the third most populated area in the Australian state of Queensland.

The development is a project of Sanad Capital Pty Ltd., a new Australian affiliate of Najibi Group (Dubai).  In a press released, Najibi Group indicates that Sanad Capital will serve as an investment springboard for a diverse range of local projects – particularly community-based, family-friendly and active-lifestyle destinations.

According to the company’s website, “… The Najibi Group of Companies is a large, diversified business conglomerate. Rooted in the Middle East, Najibi has been in business for over 50 years, and has tackled heavy-duty challenges on the road to success. As one of the region’s largest independent family-owned groups, Najibi is built on a resilient foundation of trust, commitment and integrity, and even through changing and turbulent times, Najibi has scaled from strength to strength, across different business industries.”

Glenview Queensland site