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.
Invictus Developments continues to build hotel portfolio with Sydney acquisition - Colliers
Singapore-based Invictus Developments has continued to build its Australian hotel property portfolio, with the $61.8 million acquisition of the historic The Old Clare Hotel Sydney sold through Karen Wales Head of Hotels, Australia of Colliers.
Salisbury Hotel in Stanmore sold for $17 million as the pub transaction environment gathers momentum leading into the final quarter of the calendar year.
Hotel Bargo, in Bargo NSW sold to Andrew Ingram, who plans to modernise the offering with incremental changes to suit the community. Sold by JLL Vice President Greg Jeloudev, and Executive Vice President Ben McDonald.
MA Financials’ Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Virtical $61m by Savills
Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Property developers Virtical, through Nick Lower and Tony Bargwanna of Savills Australia. These deals take Virtical’s recent acquisitions to over $120 million in combined value.
The Australian Rugby League Commission invest in Woolooware Bay hotel - CBRE
The Australian Rugby League Commission (ARLC) The Australian Rugby League Commission (ARLC) Quest Woolooware Bay sold by CBRE’s Michael Simpson and Vasso Zographou on behalf of property group Novm.
Iconic Sydney CBD hotel The Republic sold for circa $40m - JLL & Savills
A trophy pub Sydney CBD, sold for circa $40m with the selling agents, JLL Hotels & Hospitality Group and Savills Australia & New Zealand describing the sale as one of the most significant pub sales thus far in 2023.