JLL advises on refinancing of Le Méridien Melbourne
JLL Lead by Executive Vice President Adam Bury, has successfully advised the private owner of the Le Méridien Melbourne on the refinancing of the existing debt facility for the striking trophy hotel, located at 20 Bourke Street, in the heart of Melbourne’s CBD.
Pro-invest Group and IHG Hotels & Resorts announce the opening of Hotel Indigo Melbourne on Flinders, bringing a new style of boutique hotel to the city.
CBRE advises on Melbourne’s largest hotel transaction in over five years
Novotel & ibis Melbourne Central Hotel sold $170 million to Worldwide Hotels Group subsidiary Legend Land Melbourne Pty Ltd through CBRE Hotels’ Wayne Bunz and Scott Callow.
Brighton’s Savoy Hotel sold to Primeland for $120 million ultra-luxury residences - Knight Frank
Melbourne-based developer Primeland has announced the acquisition of one of Brighton’s most significant development parcels, the former Savoy Hotel, with plans to transform the site into a $120 million ultra-luxury apartment and townhouse project.Knight Frank’s Stephen Kelly, James Thorpe and...
Melbourne’s iconic Adelphi Hotel sold for $25m to Sydney developer - JLL & CVA
The Flinders Lane hotel sold to Virtical Pty Ltd (formerly known as Core Asset Development Pty Ltd) negotiated by JLL Hotels & Hospitality’s Peter Harper and Nick MacFie following a public Expressions of Interest sale campaign, in conjunction with CVA’s Charles Cini and Ian Angelico.
Salter Brothers acquires luxury boutique hotel & estate portfolio in NSW
Escarpment Group’s collection of luxury boutique hotels and estates sold to Salter Brothers.Paul Salter, Managing Director of Salter Brothers, said “These boutique hotels and estates will complement our growing portfolio for this strategy and the assets present significant opportunities as part...
TFE Hotels officially launches Pentridge Precinct venues on 26th anniversary of prison closure L to R: General Manager Jesse Kornoff and MP for Pascoe Vale, Anthony Cianflone
TFE Hotels officially launches Pentridge Precinct venues on 26th anniversary of prison closure
On the 26th anniversary of the closure of HM Prison Pentridge, TFE Hotels has officially launched their 106-room Adina Hotel, Olivine wine bar, North & Common restaurant, Chapter Place events venue, and the experience-led urban retreat, The Interlude*, and celebrated the site’s...
Iconic hotel Lygon Lodge sold $17,380,000 by Savills
An iconic hotel in one of Melbourne’s best-known retail and hospitality precincts sold by Benson Zhou, Rob Williamson, Julian Heatherich and Nick Lower from Savills Australia and New Zealand.
The Ascott Limited’s Quest Watergardens to open April 17th
There’s a new accommodation destination coming to North-West Melbourne with The Ascott Limited’s Quest Watergardens officially opening on April 17 as the latest addition to the Watergardens precinct.