Geelong Conference Centre sold for more than $6 million
The Geelong Conference Centre has been sold with vacant possession following an expression of interest campaign from Andrew Lewis, Guy Wells and Ben Young Colliers International.
Yeh’s Hotel Group have made their first entry into the Melbourne hotel market with the acquisition of the Ibis Little Bourke Street - now re-branded the Melbourne Hotel CBD in a deal negotiated by Peter Harper Nic MacFie JLL.
The historic Craig's Royal Hotel Ballarat sold to Black Rhino Group for more than $12 million JLL’s Hotels and Hospitality Vice-President Will Connolly.
Hotel operator targets Geelong’s booming visitor and corporate economy
Geelong’s emergence as a major business and leisure destination has been confirmed with the management rights of Vue Apartments and Day Spa and Ritz Geelong sold for nearly $10 million by ResortBrokers.
Box Hill Motel sold for nearly $2 million over expectations
"The sale of Melbourn's Box Hill Motel achieved a yield of 2.95%, as well as a land rate of $1,472 per square metre," says Savills agents Nick Peden, Jesse Radisich and Benson Zhou.
Next Story Group to open LinQ Hotel Melbourne this September
International hospitality company Next Story Group has acquired a new-build hotel at 167 City Road in Melbourne’s Southbank, opening the group's upper midscale LinQ Hotel this September.