Felix by 8Hotels Sydney Airport hotel sold for over $60m - Andrew Langsford JLL Hotels
The latest hotel to open in the Sydney Airport precinct has been acquired for AUD$60.6 million by Singapore-based Ascott Residence Trust in a deal brokered exclusively by Andrew Langsford of JLL Hotels & Hospitality Group.
Portfolio of 87 Coles pubs sold to Australian Venue Co for $200m
Bruce Dixon’s 60-plus strong Australian Venue Co will take on the operations of Coles’ Spirit Hotels in Queensland in a deal worth approximately $200 million.
Falls Creek and Hotham ski fields sold to Vail Resorts for $174m
Vail Resorts has announced that it has entered into an agreement to purchase the ski fields at Falls Creek Alpine Resort and Hotham Alpine Resort in Victoria for $174 million.
Hervey Bay Caravan Park 'Coconut Grove' sold at Auction
Three registered bidders battled it out as a consortium of Queensland-based caravan operators walked away as the purchasers of a caravan park for $1.7M, marketed by Glenn Fallon of Ray White Hervey Bay.
Newcastle pubs the Belmont Hotel and Salamander Tavern sold for $20m by HTL Property
Following the competitive sale of Elemore Vale’s Shaft Tavern to Iris Capital’s Sam Arnaout in December, HTL Property now announces the off-market sales of both the Belmont Hotel and Salamander Tavern in separate transactions to begin the new year.
Westin Perth Hotel sold for over $200m - Mark Durran JLL Hotels
In the largest single asset transaction of 2018, and the largest ever in Perth, the brand new Westin Perth has been acquired by Malaysia’s YTL Group in a deal negotiated by JLL Hotels & Hospitality Group’s Managing Director, Mark Durran.
Pacific Views Gold Coast management rights sold off market
An investment syndicate formed with the express aim of gaining a foothold in the Gold Coast’s lucrative management rights industry has secured a premium Main Beach apartment business off-market in a $4 million-plus deal just settled.
Hilton Surfers Paradise sold for $70m to Jerry Schwartz
Australia’s largest private hotel investor, Dr Jerry Schwartz, has made his first foray into Queensland hotel property with the $70 million purchase of the five-star Hilton Surfers Paradise from the Chinese group, Ja Feng.
