Huge deal on the go

A PROPERTY deal that would be the third biggest the Gold Coast has seen is believed to be bubbling away in the background.

The deal, unrelated to the hospitality industry, would slot in behind the 1988 sale of Sanctuary Cove for $341 million and the 2002 deal on the resort at $208 million.

Those behind the negotiations are playing their cards close to their chest but are believed to have multiple runners on the mystery offering.