Iconic Scarborough project returns with new design
Chinese developer 3 Oceans Property has returned from the drawing board with a new design and development concept for their mixed use Iconic Scarborough proposal, after receiving an initial rejection from the Metropolitan Redevelopment Authority.
Singaporean group swoops on holiday investment in Perth CBD hotspot
One of Singapore’s wealthiest private groups, Legend Land Perth Pty Ltd, has snapped up the 168-room Holiday Inn City Centre Perth for a reported $65 million.
Choice Hotels Asia Pacific has announced the acquisition of four new-build properties across Australia and New Zealand, adding a total of 431 rooms to the group’s portfolio in the next three years.
South Perth waterfront hotel sale offers landmark 1.15ha development site
A beachfront landholding earmarked for major high-rise hotel and tourism development at Rockingham, is being offered to the market in a move expected to attract new business investment in the growing region.
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.
Perth property due buy historic Coogee Hotel and Post Office
The 116-year-old hotel sale was sold for $2.3 million to restaurateur Nic Trimboli and property developer Adrian Fini after a sale process steered by Colliers International’s Tory Packer on behalf of the vendor, Main Roads WA.
Tavern to join Perth's Alkimos Beach Gateway Shopping Precinct
One of Perth’s newest shopping centres, The Gateway Shopping Precinct at Alkimos Beach, is settling into its beachside location with new leases for a tavern and food tenancies, including a tapas restaurant.
ALH Group divests second venue in $86m Perth portfolio
A private buyer has made their foray into the WA hospitality sector, purchasing ALH Group’s Brighton Hotel in Mandurah which sold under the hammer for $3.675 million.
Perth’s new $1.45 billion Optus Stadium with a 60,000 seat capacity is set to open in January 2018 with the stadium confirming it will host the One Day International cricket match between Australia and England on Sunday, 28 January, 2018.
Perth hotel market strengthens as Peppers Kings Square Hotel listed for sale
One of the newest additions to Perth’s hotel market, the 4.5-star Peppers Kings Square Hotel on Wellington Street is for sale through Gus Moors, Neil Scanlan and Ian Mickle of Colliers International.
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.
