$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
Being located in the heart of Wellington City, Halswell Lodge guests are only an approximate 10 minute stroll to the many attractions and amenities Wellington offers.
Brisbane’s 4 star Hotel Urban, an 11-storey boutique hotel opposite the Roma Street Parkland is for sale, attracting a high level of interest given Brisbane's current level of infrastructure investment.
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.
Melbourne's historic Retreat Hotel going to Auction
Abbotsford’s The Retreat Hotel, best known for featuring in The Sullivans television series, will go under the hammer in March and is expected to fetch over $2.5 million.
Airbnb is partnering with Newgard Development Group (based in Miami) to create a series of apartment buildings that will be branded Niido Powered by Airbnb.
Multiplex last month completed construction of Western Australia’s world-class multi-purpose 60,000 seat Optus Stadium and Stadium Park three weeks ahead of schedule.
