Moelis completes $100 million takeover of Byron Bay Beach Hotel
Moelis Australia has completed its acquisition of the Beach Hotel in Byron Bay after announcing it had entered into an agreement for the property at the end of last year.
Belmore Hotel sold for $50 million through HTL Property
HTL Property agents Dan Dragicevich and Andrew Jolliffe have overseen the sale of Sydney's Belmore Hotel to former Sydney Lord Mayor and highly regarded philanthropist, Nelson Meers AO.
Shell Cove’s Waterfront Tavern site sold following tender
HTL Property have sold the Shell Cove Waterfront Tavern development site to Balmoral Hospitality Group on behalf of clients Shellharbour City Council and Frasers Property Australia.
JLL Hotels & Hospitality Group has been exclusively appointed to sell what is widely regarded as Australia’s most iconic hotel, the Beach Hotel in Byron Bay.
The property market positivity created by the combination of the Coalition Government’s Federal Election win, and the Reserve Bank’s decision to cut interest rates to a record low, has given rise to hive of hotel sales activity in the Newcastle region.