Pellicano has secured Quest as the apartment hotel operator for mixed-use projects in Preston and Geelong, Victoria and Robina on the Gold Coast, continuing the companies’ long-standing partnership.

In combination with the 77-room Quest apartment hotel at Ballarat Station’s mixed-use redevelopment, these projects now represent a combined value of $182 million.

Completion of all four current projects is expected during 2020, and will deliver 328 Quest apartment-hotel rooms, 99 residential apartments, retail space of 2,500sqm and a conference centre including theatrette.

In combination with Pellicano’s existing Quest property holdings at Woolloongabba and Dandenong, the sum of Pellicano’s Quest holdings will amount to a considerable 555 rooms.

Pellicano managing director Nando Pellicano says the companies’ relationship has been fortuitous over the past 10 years, owing to their complementary value proposition.

“The newest deals with Quest will take our relationship to eight projects over the past decade,” said Pellicano.

“The mixed-use nature of Quest’s offering combined with our residential apartments is a complementary offering and gives us the opportunity to value add by forming agreements with Quest to offer hotel-like services to the residential occupants in the building.”

Services on offer in the projects include apartment cleaning, laundry services, parcel delivery, and further options for streamlining modern life.

“Quest is a quality company with a recognised history in Australia and Pellicano is proud to build on our relationship with these new projects,” said Pellicano.

Quest has been enjoying a surge in recognition of late, with The Ascott Limited (Ascott) increasing its stake in the company from 20 per cent to 80 per cent last year, boosting Ascott’s portfolio to 507 properties across 124 cities and offering Quest clientele the benefit of global reach across the Americas, Asia Pacific, Europe and the Middle East.

As the largest and fastest-growing apartment hotel operator in Australasia, Quest is designed to meet the accommodation needs of the extended stay business traveller.

Chairman of Quest Apartments Hotels, Mr Paul Constantinou says Quest is excited to further cement the relationship between the pair.

“We are fortunate to have established a long term partnership with such a renowned developer as Pellicano. We look forward to providing greater apartment-style accommodation for our corporate and leisure travellers, in locations where our customers need to be,” Mr Constantinou said.

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