Invictus Developments Boosts Hotel Portfolio with Brisbane and Sydney Acquisitions CBRE & JLL
Singapore-based Invictus Developments has continued to invest in the Australian hotel property market, with the $25 million acquisition of Brisbane’s 5-star The Inchcolm by Ovolo Hotel at Spring Hill in Brisbane.
Alva Beach Tourist Park for sale through JLL Hotels Vice President, Mark Walsh. With 83 sites across a 1.99 Ha block, the park has easy beach access for both walkers and 4WD.
Listed by Melbourne-based hospitality business, Jackalope Group, The Prince of Wales Hotel Melbourne for sale through CBRE’s Scott Callow and Nathan Mufale.
China Capital Investment Group (CCIG) has listed South Molle Island Whitsunday's for sale through CBRE Hotels’ Raymond Tran, Wayne Bunz and Tom Gibson.
Pubs still on the radar for investors seeking resilient returns - JLL
JLL Hotels & Hospitality Group has launched the sale of the Union Hotel, North Sydney and The Harold, Forest Lodge as unsatisfied capital continues to seek opportunities in the sector.
Iconic Sydney CBD hotel The Republic sold for circa $40m - JLL & Savills
A trophy pub Sydney CBD, sold for circa $40m with the selling agents, JLL Hotels & Hospitality Group and Savills Australia & New Zealand describing the sale as one of the most significant pub sales thus far in 2023.