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A Statement from Mr Eugene Li UDS Sydney

On Thursday 20 February 2020 an article appeared in Sydney’s Daily Telegraph titled “The Wolf of Castlereagh Street” which incorrectly attributed the ownership and development of 203 Castlereagh Street Sydney and The Porter House hotel to Visionary Investment Group (VIG).

This article has caused distress to United Development Sydney (UDS), who are the sole owners and developers of The Castle Residences project and The Porter House Hotel.

UDS has no association with Mr Guo or VIG.

Castle Residences is comprised of luxury studios, 1, 2 and 3 bedroom residences with an exclusive address on the doorstep to Sydney’s Hyde Park. It is cantilevered over The Porter House Hotel. UDS can report that construction of the 36 level luxury apartment and hotel development is underway with tier one builder Hutchinson Builders making good progress. The project is forecast for completion in 2021.

Eugene Li
UDS Sydney

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