Market Functionality and Positivity Leads to $40mm Activity HTL
HTL Property warmly congratulates our valued clients, Royal Hotels and Hotel Property Investments (ASX:HPI), following completion this week of the Gregory Hills Hotel Sold by Andrew Jolliffe and Dan Dragicevich of HTL Property.
HTL announces sold hotel properties worth $35 million
HTL Property Managing Director Andrew Jolliffe has reported to the market the successful settlement of Brisbane's Acacia Ridge Hotel and Sydney's Illinois Five Dock Hotel for a combined total of $35 million in the past week.
Yeh’s Hotel Group have made their first entry into the Melbourne hotel market with the acquisition of the Ibis Little Bourke Street - now re-branded the Melbourne Hotel CBD in a deal negotiated by Peter Harper Nic MacFie JLL.
The historic Craig's Royal Hotel Ballarat sold to Black Rhino Group for more than $12 million JLL’s Hotels and Hospitality Vice-President Will Connolly.