The Ambarvale Hotel in south-western Sydney has been sold to private hotel interests for $21.2 million in the latest sign of demand for pub investment opportunities.
Clifton Suites on Northbourne changes hands in off-market sale concluded by Mark Durran, Managing Director – Investment Sales, Australasia, JLL Hotels & Hospitality Group.
Novotel and Ibis Hotel Christchurch Sold for NZ$43 million
Dean Humphries, Colliers’ National Director of Hotels sold the accommodation hotels, with on-going management by AccorHotels, to an offshore investment company to complement its existing New Zealand hotel portfolio.
Novotel Melbourne on Collins, has been sold to Frasers Hospitality Trust for AUD 237 million
Craig Collins, CEO Australasia, JLL's Hotels & Hospitality Group together with Simon Rooney, Head of JLL's Retail Investments - Australasia brokered the transaction.
The CBRE Hotels team of Glenn Price, Daniel Dragicevich, and Darren Collins have sold the Lantern Hotel Group's Real Estate on Ann Street, Fortitude Valley.
