Ryan McGinnity, who heads CBRE’s industry leading Hotels business in Perth and the wider Western Australian market, chats with The Hotel Conversation and gives his insights on the current investment climate in the nation's west.
Iconic Scarborough hotel and apartment development approved
After initially being rejected, the Iconic Scarborough hotel and apartment project in Perth has been approved by the The Metropolitan Redevelopment Authority, allowing Chinese developer 3 Oceans Property to go ahead with their 324 apartment, 148-room hotel proposal.
Westin Perth and Aloft Perth hotel for sale Mark Durran JLL Hotels
One of Australia’s newest 5-star hotels, The Westin Perth, and the Aloft Perth hotel & adjoining office building are being offered for sale at a time when approximately $8.5 billion worth of world-class infrastructure projects are underway in the city.
Perth hotel and mixed use development site for sale
A Burswood landholding overlooking the Swan River is being offered to the market – paving the way for a potential 18-level landmark hotel and mixed use development in an area undergoing rapid growth and urbanisation.
Perth's Sebel Aire Apartment Hotel opening next month
Singapore-based asset manager ZACD Group has finalised its acquisition of Finbar’s Aire Apartments for $12.5 million - The upcoming June 30 opening will see the serviced apartments operated by Accor Hotels be known as The Sebel West Perth Aire Apartments.
Perth hotel and residential development site for sale
One of Western Australia’s large property owners, The Paolucci Group, has moved to sell a prized piece of real estate in the heart of Perth's inner city suburb of Northbridge – paving the way for a landmark hotel and residential development in the rapidly evolving precinct.
Perth's new $3.8bn Belmont Park redevelopment underway
Standing proud on the banks of the Swan River adjacent to Perth’s new 60,000 seat stadium and internationally renowned Crown Perth resort, Belmont Park will be at the heart of Perth’s entertainment and sporting precinct.
CornerStone of Perth’s northern suburbs hits the market
Opening in 2011, the CornerStone Alehouse within the Satterley-developed Brighton Estate in Perth’s northern suburbs is being offered to the market for sale.
Perth's brand new Westin hotel welcomes first guests
The Westin Perth is the latest hotel to debut in the city, officially welcoming guests to enjoy its 368 rooms set amongst the revitalised East End quarter of Perth CBD.
Glamping retreat for Rottnest Island to become reality
Following the announcement that ferry visits are up 37% to Rottnest Island, construction has begun on a $20 million environmentally sensitive eco village joint venture between former ferry owner, Baileys Group, and Discovery Parks.
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.