Trilogy Hotels secures landmark deal with Schwartz Family Company
The first of its kind in Australia the deal will see the Trilogy team manage operations for more than 1000 rooms across four hotels in NSW and the ACT. Hotels included in the deal are Mercure Sydney, Ibis Sydney World Square, Mercure Canberra and Fairmont Resort Blue Mountains.
Abode Hotel and Apartments Canberra sold for $41.5m - CBRE
Canberra’s Abode Hotel and Apartments sold for $41.5 million to boutique funds management company Serene Capital through CBRE’s Michael Simpson, Vasso Zographou and Tristan Cotchett.
The Tourist Hotel Queanbeyan sold off market to a highly regarded Maitland based publican negotiated by HTL Property Director Blake Edwards and National Director Dan Dragicevich.
New Sebel Canberra hotel sold to German fund manager for $48 million
A global real estate investment manager and Pro-Invest Group have signed contracts to acquire the brand new Sebel Canberra Hotel in a $48 million off-market deal brokered through JLL Hotels & Hospitality Group Managing Director Mark Durran.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
New luxury hotel for Canberra's historic West Block buildings
The historic West Block buildings in front of new Parliament House will be restored and re-purposed to a magnificent luxury hotel following Geocon’s $6.25 million acquisition of the site from the Commonwealth.