World-renowned hotel heavyweights, KSL Capital, have entered into a strategic partnership with Australian luxury lodge pioneer Baillie Lodges, in a deal brokered by Tom Gibson, Vice President of Investment Sales, JLL Hotels & Hospitality Group.
Ascott Raffles Place Singapore Hotel sold for $353.3 million
The Ascott Raffles Place Singapore has sold for $353.3 million to private investor Cheong Sim Lam, in a deal brokered by Shaun Poh of Cushman & Wakefield.
The Red Lion Hotel, Moorooka sold to Publican Peter Braithwaite
The Red Lion Hotel in the south Brisbane suburb of Moorooka has sold to publican Peter Braithwaite in a deal brokered by Glenn Price of HTL Property, in conjunction with Tom Gleeson of JLL Hotels.
CBRE Hotels have announced the off-market transaction of the Leasehold Interest of the Royal Saxon Hotel, Richmond, representing one of 2018’s most significant food and beverage pub transactions.
Salisbury Hotel Sold by Andrew Jolliffe and Dan Dragicevich HTL Property
HTL Property, the newly formed specialist brokerage agency, has advised the market of the sale of Sydney’s multi-level Salisbury Hotel in the Inner-West suburb of Stanmore.
The leasehold interest in north Queensland’s Airlie Beach Hotel has been sold off-market to ABH Operations Pty Ltd in a deal brokered by CBRE Hotels’ agents Wayne Bunz and Hayley Manvell.
Iris Capital purchase a fourth Newcastle Pub, Shaft Tavern
Newcastle's Shaft Tavern has sold to Sam Arnaout's Iris Capital for a rumoured $12 million, in a deal negotiated by Blake Edwards and Dan Dragicevich of HTL Property, and Deane Moore from Moore & Moore Real Estate.
Novotel New Plymouth Hobson Hotel sold to Ngāmotu Hotels for NZ$23m
A new joint venture entity, Ngāmotu Hotels Limited Partnership, has been established to purchase the Novotel New Plymouth for NZ$23m, currently owned by Hobson Hotel Property Holdings.
