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Winton’s Ayrburn Film Hub Gains Government Fast-Track Approval

Story Highlights
  • Winton Land Limited is advancing its Ayrburn Film Hub project with government fast-tracking.
  • The $200 million film hub will boost Queenstown’s economy and create numerous jobs.
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Winton Land Limited ( (AU:WTN) ) has provided an announcement.

Winton Land Limited’s Ayrburn Film Hub project has been expedited by the government, bringing it closer to fruition. This $200 million facility in Queenstown is set to boost local employment and economic growth by attracting international film productions and providing top-tier facilities for local filmmakers. The hub will support 640 full-time jobs during construction and 370 jobs annually thereafter, contributing significantly to diversifying Queenstown’s economy.

More about Winton Land Limited

Winton Land Limited operates in the real estate development industry, focusing on creating large-scale, mixed-use projects that enhance community living. The company is known for its innovative developments that integrate residential, commercial, and hospitality elements, aiming to contribute to regional economic growth.

Average Trading Volume: 1,599

Technical Sentiment Signal: Sell

Current Market Cap: A$553.5M

See more data about WTN stock on TipRanks’ Stock Analysis page.

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