JLL's Hotels & Hospitality Group confirm the sale of Vali Byron Bay in what is the first hotel transaction above $20 million in the tourism mecca since 2019. The transaction was negotiated by Andrew Langsford, Gareth Closter, and Taylor O'Brien of JLL Hotels & Hospitality Group.
Waterfront Port Macquarie CBD Motel Sold by HTL Property on Sharp Yield
Located in the Port Macquarie CBD, the freehold interests in the Mid Pacific Motel sold for $9m on a sharp yield through a marketing campaign coordinated by HTL Property’s National Accommodation Director, Andrew Jackson; and Paul Nyholt, the QLD Accommodation Director.
Corindi Beach Hotel sold to North Coast Hotel Group by JLL
Corindi Beach Hotel on the NSW Coffs Coast sold by JLL Hotels Senior Vice President Kate MacDonald and Vice President Greg Jeloudev were exclusively appointed to manage the on-market sale process on behalf of Kelly & Co Hotels.
The NRMA tourism business has acquired the Broulee holiday park, midway between Batemans Bay and Moruya.
NRMA Parks and Resorts Chief Executive Officer Paul Davies said the addition of Broulee to the portfolio offered great value for its members and holidaymakers on the New South Wales South Coast.
HTL Property Achieves Strong Sale of Residential Park Asset in the Lake Macquarie Region
HTL Property, has successfully sold the Sunstrip Park, a premium Residential Land Lease Community located in the highly sought-after Lake Macquarie Region. Sunstrip Park sold by Andrew Jackson, National Director of HTL Property’s Accommodation brokerage business.
Redcape releases Unanderra in $15m pub deal – JLL Hotels
Unanderra Hotel sold for circa $15m on behalf of Redcape Hotel Group through JLL Managing Director John Musca and Executive Vice President Ben McDonald.
JLL Hotels & Hospitality Group has announced the quick sale of Old Bar Tavern on the NSW Mid North Coast after having been on the market for only 5 days.
CapitaLand Ascott Trust divests two hotels in Australia for AUD109.0 million - CBRE Hotels
Transaction is part of CLAS’ active portfolio reconstitution strategy to deliver sustainable returns to Stapled Securityholders.The Courtyard by Marriott Sydney-North Ryde and Novotel Sydney Paramatta sold by Michael Simpson and Vasso Zographou of CBRE Hotels.