Yarraville's Commercial Hotel, overlooking the Maribyrnong River in Melbourne’s West, has sold to a local value-add investor who plans to refurbish and reopen the pub which closed earlier this year.
Australia’s largest contemporary art gallery coming to Melbourne
Melbourne will become home to Australia’s largest contemporary art gallery as part of a once-in-a-generation transformation of the arts precinct, set to be built on the site of the Carlton & United Breweries Building on Southbank Boulevard.
Victoria's Pakenham Racing Club has listed for sale the popular Cardinia Club that sits on a huge 1.655ha landholding with 105 EGM's and a liquor licence for 425 patrons.
Minister for Planning Richard Wynne has announced planning approvals for the $450m Munro site Hotel and Apartment development that sits within Melbourne's Queen Victoria Market precinct.
TFE Hotels to open its tenth Vibe Hotel in Melbourne CBD
Construction has started on a new 206-room, 24-storey Vibe Hotel in Melbourne's CBD planned to open late 2019, continuing the momentum of the Vibe Hotels brand which will see its portfolio grow from nine hotels to twelve by the end of this year.
The boom of new hotel development in Australia continues with the announcement of a new 200-key Hyatt Place hotel in Melbourne's Springvale to be completed in 2020, which will be the 10th Hyatt branded hotel in Australia.
First clean energy investment in Australia's hotel sector
A new Holiday Inn Express at Southbank in Melbourne will set new design standards in energy efficiency to help cut as much as 25 per cent of its energy consumption, drawing on a $39 million investment commitment from the Federal Government's Clean Energy Finance Corporation (CEFC).
Hyatt Hotels has announced that a Hyatt affiliate has entered into a management agreement with Little Projects to open a 280-room Hyatt Centric hotel in Melbourne in 2020.
Melbourne's CBD to receive a dual-branded Hotel Indigo and Holiday Inn
IHG will open its first Australian dual-branded hotel by 2022 with the signing of Hotel Indigo Melbourne Little Collins and Holiday Inn Melbourne Bourke Street Mall, in the heart of the CBD.
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.
