iPG's Sydney Park Regis Hotel sold for $54 million
iProsperity Group (iPG) has announced the sale of its Park Regis Hotel asset in Sydney’s City Centre for $54.18m to the Yeh Group, in a deal brokered by Gus Moors and Karen Wales of Colliers International.
SKYE Suites Sydney Hotel in Crown Group's Arc development opening next month
Australian property developers, Crown Group, has announced the opening of SKYE Suites Sydney next month — the city’s first boutique serviced apartment.
Salisbury Hotel Sydney pub for sale Andrew Jolliffe Daniel Dragicevich HTL Property
With the hotel market in Australia continuing to shine very brightly, newly formed HTL Property having sold in excess of $100m worth of hotels in its first month of operation, has been engaged to bring to market the imposing Salisbury Hotel in Sydney’s Inner West suburb of Stanmore.
Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market.
Scarcity sees Sydney five-star hotel room values soar Michael Simpson Savills Hotels
The rarer a commodity the higher its price. Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market, according to Savills Hotels.
Andrew Jolliffe leaves Ray White, launches new firm HTL Property with ex CBRE Hotels pub broker Daniel Dragicevich
In his final year at Ray White, Andrew Jolliffe has been named the group's top performing broker globally, who this month launched a powerful boutique brokerage firm Hotels, Tourism and Leisure Property (HTL) with ex CBRE National Head of Pubs Daniel Dragicevich.
Kokoda’s Chester and Ella management rights business has sold for $4.632 million to one of Australia’s largest, privately-owned operators, Aurora Assets Management Group.
First management rights sold in NSW for almost a decade and Brisbane's Chester and Ella deal
The management rights to the 175-unit One A at Erskinville and 100-apartment Ashfield Central developments in Sydney have sold along with the management rights to Kokoda’s Chester and Ella development in Brisbane - brokered by Tim Crooks of Resort Brokers.
Fairmont Resort & Spa Blue Mountains celebrates 30 years with the opening of Ubika Day Spa
Coinciding with the resort’s 30 birthday celebrations, Fairmont Resort & Spa Blue Mountains has officially opened its highly anticipated Ubika Day Spa, making it one of the largest, purpose-built day spa facilities in Australia.
$45m Veriu Green Square Sydney hotel development begins construction
The $45 million Veriu Green Square hotel development, a joint venture between Veriu Hotels & Suites and Folkestone, commenced construction this week which is set to bring a further 144 rooms to Sydney’s thriving hotel market when it opens late 2019.
Atura Edmondson Park Hotel for sale in Sydney Western Suburbs Wayne Bunz Rob Cross CBRE Hotels
The four star, 167-room Atura Edmondson Park Hotel in Sydney’s rapidly growing south-west is for sale - the centrepiece of Frasers Property Australia’s Ed.Square Town Centre which is anticipated for completion in the third quarter of 2020.
CBRE strengthens Retail Capital Markets with Melbourne appointment
CBRE has bolstered its Victorian Retail Capital Markets team with the appointment of Jamie Hess amid growing demand for retail investment opportunities.
New Zealand’s premier Large Format Retail asset for sale - JLL
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
The Hunter Valley’s iconic Tower Estate for sale - CBRE
CBRE Hotels’ Tom Gibson and Nick Hill have been appointed to market one of Australia’s most iconic and luxurious wine country escapes, Tower Estate for sale.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
