JLL closes largest sale of a single hotel asset in New Zealand history
Stamford Plaza Auckland sold for NZ$170m by JLL Hotels & Hospitality Group's Nick Thompson. The largest ever single hotel asset in New Zealand history to go unconditional.
Baycrest Thermal Lodge Lake Taupo sold - Bayleys Real Estate
Baycrest Thermal Lodge freehold investment sold to an Auckland investor for $4,375,000 at a yield of 5.6% net through Bayleys Real Estate, New Zealand.
Hotel DeBrett business in Auckland CBD sold through Bayleys Real Estate
The business interest of the Hotel DeBrett sold to Habitat Hotels & Apartments by Gordon McGregor of Bayleys Real Estate. Due to settle in September this year Hotel DeBrett will join Ohtel group under a “sister” brand which has hotels in both Wellington and Auckland. Mr McGregor said the...
Included in the $400 million of hotel sales this year are a number of high-profile assets, including the five-star Sofitel Queenstown, 280 room Rydges Wellington, and the recently completed luxury lifestyle hotel QT Auckland.
Record year of hotel transactions in New Zealand despite pandemic says Colliers
New Zealand has recorded the highest level of hotel transactions on record in 2021. Dean Humphries, National Director of Hotels for Colliers, says in the calendar year ending 31 December in excess of $400 million of hotel deals will have settled, representing a staggering 33 per cent increase on...
QT Auckland Hotel sold to NZ Hotel Holdings, a partnership between the NZ Super Fund, The Russell Property Group and Lockwood Property Group by Dean Humphries, National Director of Hotels for Colliers NZ.
QT Auckland Hotel sold to NZ Hotel Holdings, a partnership between the NZ Super Fund, The Russell Property Group and Lockwood Property Group by Dean Humphries, National Director of Hotels for Colliers NZ.
The 4-star modular hotel, sold by Wayne Keene and Paul Dixon of Bayleys Real Estate is located around 300m from the new Christchurch convention centre.
Carnmore Hotel Christchurch sold by Bayleys Real Estate
The 4-star modular hotel sold for NZ$18.4 million by Wayne Keene and Paul Dixon of Bayleys Real Estate is located around 300m from the new Christchurch convention centre.
The Rydges Wellington hotel sold to NZ Hotel Holdings Asset LP (NZHHALP); a partnership between The Russell Property Group, and Lockwood Property Group brokered by Dean Humphries National Director Hotels for Colliers.
Largest hotel transaction 2021 in NZ sold Circa $100m by Colliers
The Rydges Wellington hotel sold to NZ Hotel Holdings Asset LP (NZHHALP); a partnership between the NZ Super Fund, The Russell Property Group, and Lockwood Property Group brokered by Dean Humphries National Director Hotels for Colliers.