Sydney’s iconic Manly Wharf sold to the owners of Brisbane’s Howard Smith Wharves - CBRE
Robert Magid’s TMG Developments has exchanged contracts on the $80 million sale of Manly Wharf to the owners of Brisbane’s Howard Smith Wharves (HSW). CBRE’s Simon Rooney and James Douglas negotiated the sale on behalf of TMG Developments.
The Dunkirk Hotel leasehold sold by JLL Hotels & Hospitality Group
The long-term leasehold interest in Dunkirk Hotel Pyrmont sold on behalf of the privately held Shogroup, owned and operated by Mr James Wynne. The Dunkirk Hotel leasehold sold by JLL Hotels Senior Vice President Kate MacDonald.
Sydney’s Potts Point Central Apartment Hotel for sale by CBRE
A group of 73 private owners has clubbed together to sell Sydney’s Potts Point Central Apartment Hotel with price expectations of circa $35 million. CBRE Hotels’ Tom Gibson and CBRE Capital Markets’ Harry George and Angus Windred are managing the sale.
Iconic ‘Priscilla, Queen of the Desert’ Hotel Sydney sold Universal Hotels - owned and operated by the Kospetas family through JLL Senior Vice President, Kate MacDonald.
Upper Hunter Freehold of The Royal Hotel sold by JLL Hotels & Hospitality Group
The freehold going concern interest in the Royal Hotel Scone sold on behalf of Kelly & Co Hotels, led by popular publican Rodney ‘Ned’ Kelly. The Royal Hotel sold by JLL Vice President Greg Jeloudev, Executive Edward Browne, and Senior Vice President Kate MacDonald.
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.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.