Langham site sold

THE site of a planned Langham Place hotel in Adelaide has reportedly sold to Chinese investors for $11.6 million.

The hotel’s development will proceed, The Advertiser reports, with new owner the ZFS Group keen to go ahead and a builder appointed for the project.

The five-star hotel will be the first Langham Place property in Australia (TD 20 Jan) and will involve 146 rooms in a 12-storey building in the seaside neighbourhood of Glenelg.