Altus Property Group is in the spotlight after the Trump-branded Gold Coast project collapsed amid debt dispute and geopolitical headwinds. A regional developer focused on large-scale, high-rise visions.
Altus Property Group has parted ways with the Trump Organization over a planned US-branded tower in Surfers Paradise, citing the Iran war as a factor that has made the Trump brand toxic in Australia; the Trump Organization counters that Altus failed to meet basic financial obligations. Both sides say they remain open to future projects in Australia.