Baycrest Thermal Lodge Lake Taupo sold - Bayleys Real Estate
Baycrest Thermal Lodge freehold investment sold to an Auckland investor for $4,375,000 at a yield of 5.6% net through Bayleys Real Estate, New Zealand.
BrewDog and Australian Venue Co. to open first BrewDog site in Sydney
The partnership continues to bring together Australia’s leading pub operator and the world’s largest craft beer bar operator for expansion in Australia.
Mantra Quayside Port Macquarie sold circa $10 million by ResortBrokers
ResortBrokers Greg James and Trudy Crooks have sold Port Macquarie’s best property in a sale which demonstrates demand for east coast Australian properties continues to flourish. Northern New South Wales Broker Greg James says the circa-$10 million price tag of both the freehold and Management...
The Rydges Sydney Harbour hotel sold to Crystalbrook group circa $100m by Colliers
Crystalbrook’s CEO, Geoff York, said our group has been seeking a Sydney flagship property to complement our growing portfolio. The sale was negotiated by Colliers’ Gus Moors, Karen Wales and George Hudson.
Hotel Deal of the Year Awards Presented at HICAP ANZ
HICAP ANZ announced the winner of its prestigious Development of the Year and Transaction of the Year Awards on 2 September 2022, at the Sofitel Sydney Darling Harbour in Sydney, NSW, Australia.
Hobart’s Iconic Telegraph Hotel Re-Opens After $5m Make Over in partnership between The Bourke family and AVC
Stephen Bourke, who is the joint owner of the building with Brendan Bourke, said they were excited to re-open their family pub. Said “Our family has owned and loved this magnificent waterfront pub for around 30 years. The total refurbishment we’ve undertaken including our stunning rooftop bar is...
IHG Hotels & Resorts to open Hotel Indigo in Tokyo’s world-famous Shibuya district in late 2023
IHG Hotels & Resorts has signed a management agreement with Pan Pacific International Holdings Corporation to open Hotel Indigo Tokyo Shibuya in late 2023.
Australia based Baillie Lodges Expands to South America with Acquisition of Chile’s Tierra Hotels
Australia-based boutique ultra-luxury hotel platform Baillie Lodges has acquired a majority share in Chile’s esteemed Tierra Hotels (“Tierra”), whose intimate collection includes experiential luxury lodges in three of South America’s most extraordinary wilderness destinations.
Sir Stamford Circular Quay hotel on Macquarie Street sold to JDH Capital for $210.5 m
In a deal via an exercisable option agreement with Singapore property tycoon CK Ow’s SGX-listed Stamford Land Corporation agreed at just over $2m per room and some $120.5m above valuation, JDH Capital have purchased the 105 room 5 star hotel recently planned for a $380m redevelopment near the...