New luxury hotel for Canberra's historic West Block buildings
The historic West Block buildings in front of new Parliament House will be restored and re-purposed to a magnificent luxury hotel following Geocon’s $6.25 million acquisition of the site from the Commonwealth.
The sale of the freehold interest in 'The Cloey' is rumoured to be worth nearly $34 million which represents a circa 5% yield, a record for large hotel investment properties in deal brokered by JLL National Director John Musca and Colliers International Director Miron Solomons.
The beachfront hotel in Byron Bay, also known as the Top Pub, owned by businessman Max Trigg has sold for $70 million to the Liberman-family backed Impact Investment Group in an off-market deal brokered by CBRE's Wayne Bunz and Daniel Dragicevich.
$23.75 million auction sale of beachfront Gold Coast resort
‘Nobbys Outlook’, a vacant two storey 46 apartment resort on the Gold Coast beachfront was sold under the hammer for $23.75 million to a Melbourne based investor by brokering agents Darrell Irwin and Geoff Lamb of Colliers International.
Canberra CBD's new $100 million hotel opening in 2020
Geocon and Abode Groups announcement on Canberra’s first luxury hotel in the CBD comes after the acquisition of the Garema Centre, sold by Matthew Winter of Colliers International.
Following multiple large format hotel sales in 2017, Andrew Jolliffe, Asia Pacific Director of Hotels at the Ray White Group, has announced the sale of the Allawah Hotel in Sydney’s South West on behalf of JDA hotels for approximately $30m.
Paul Hogan syndicate to pay $21m for Brisbane's Queen's Arms Hotel
A new $100m hotel syndicate, headed up by Nick Politis and Peter Ashelford, is set to pay $21 million for Brisbane's Queen's Arms Hotel, along with former Crocodile Dundee star, Paul Hogan.
Iconic Perth nightclub sells for first time in 34 years
CBRE Hotels’ Chloe Mason has sold the freehold going concern, including the attached Nightclub licence of The Library Nightclub in Northbridge for $4.6 million marking the end of Perth hospitality company Entertainment Enterprises' 34-year connection with the iconic venue.
The HotelsWorld 2017 ‘Deal of the Year’ winner is...
iProsperity won the prestigious “Hotel Deal of the Year” award at the recent HotelsWorld 2017 conference for the acquisition of Novotel Glen Waverley, brokered by Colliers International.