Invictus Developments Boosts Hotel Portfolio with Brisbane and Sydney Acquisitions CBRE & JLL
Singapore-based Invictus Developments has continued to invest in the Australian hotel property market, with the $25 million acquisition of Brisbane’s 5-star The Inchcolm by Ovolo Hotel at Spring Hill in Brisbane.
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.
Mandurah Coastal Holiday Park sold for $13 million by Knight Frank
The Mandurah Coastal Holiday park at 153-169 Mandurah Terrace Mandurah sold for $13m to Equinox Group from a private family. The Mandurah Holiday park sold by Tony Delich and Cory Dell’Olio of Knight Frank.
Abode Hotel and Apartments Canberra sold for $41.5m - CBRE
Canberra’s Abode Hotel and Apartments sold for $41.5 million to boutique funds management company Serene Capital through CBRE’s Michael Simpson, Vasso Zographou and Tristan Cotchett.
The Rydal Pub (Hotel Alexander) located just 15 mins from Lithgow will soon be entering a new and exciting era with its recent sale to Johnston Bros Hospitality Group.
The Gracemere Tavern Rockhampton sold - HTL Property
The Gracemere Tavern central Queensland sold by the Cook Beaumont and Partners Hotel syndicate based in Melbourne in a record-breaking regional Queensland transaction by HTL’s Queensland Directors, Glenn Price and Brent McCarthy.
Bondi Beach Hotel sold to 5th Generation Sydney Hotelier by HTL Property
One of only a handful of beachfront hotels on Sydney’s famous Bondi Beach, the Bondi Beach Hotel sold to 5th generation hotelier, Edward Ryan, by Andrew Jolliffe, Dan Dragicevich and Xavier Plunkett of leading national brokerage agency HTL Property.
