The Retreat Hotel, best known for its appearance in the 1970’s television series The Sullivans, has sold at auction to a local pub owner Bill Toohey, who's now looking to re-lease the hotel to an experienced operator.
Veriu expands to Melbourne with acquisition of Punthill Apartment Hotel Group
Having successfully established a Sydney network of bespoke hotels and suites, Veriu is set to expand interstate with the acquisition of 13 hotels under the well-known Punthill Apartment Hotel brand.
2017 came to a grand conclusion in the Melbourne hotel sector with the announcement of a hotel to be developed at Chadstone Shopping Centre to be operated by Accor Hotels under the MGallery by Sofitel Brand.
The popular East Brunswick Hotel sold at auction for $4.4 million
The under the hammer sale of Melbourne's East Brunswick Hotel has capped off an extremely boisterous end to 2017 for Melbourne pub sales, says brokering agent Will Connolly of CBRE.
Melbourne's BMW dealership sold in $100 million deal
It is the biggest development site deal in central Melbourne this year, Malaysian-backed developer Beulah International has purchased the BMW site on the fringe of Melbourne CBD in a $101,008,888 deal.