International developers vying for St Kilda's Novotel Hotel site
The sale of the 211-room waterfront Novotel Hotel on St Kilda's Esplanade, which has a permit for a three tower luxury apartment project will have developers looking to take advantage of pent up demand for the end product.
The 419-room Pullman Melbourne on the Park, opposite the famed MCG, is for sale at a time when the Australian hotel market has limited quality investment opportunities nationally yet is receiving unprecedented investor interest.
One of Australia's largest mixed-use assets, the Bell City complex in Melbourne's northern suburb of Preston is for sale by JLL's Hotels and Hospitality Group, which also houses an 844 room Mantra hotel, student accommodation, extended stay residence, large-scale meeting facilities, office...
Award-winning hotel for sale in regional Victoria to spark investor contest
Guy Wells of Colliers International offers the The Mercure Hotel Warragul for sale, at a time very few investment-grade accommodation assets are being sold.
Novotel Melbourne on Collins, has been sold to Frasers Hospitality Trust for AUD 237 million
Craig Collins, CEO Australasia, JLL's Hotels & Hospitality Group together with Simon Rooney, Head of JLL's Retail Investments - Australasia brokered the transaction.