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AAP

Maeve Bannister

Star secures lifeline to unload entertainment precinct

Entertainment Star Entertainment Star Entertainment Group Queen Elizabeth II Brisbane

Star Entertainment group will sell its share of the Queen's Wharf Brisbane precinct for $53 million. (Russell Freeman/AAP PHOTOS)

Star Entertainment Group has secured a $53 million lifeline in exchange for selling its share of the Queen's Wharf Brisbane entertainment precinct.

The precinct is being delivered by Destination Brisbane Consortium and is currently managed by the Star, which has been facing short-term liquidity challenges.

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