iPG's Sydney Park Regis Hotel sold for $54 million
iProsperity Group (iPG) has announced the sale of its Park Regis Hotel asset in Sydney’s City Centre for $54.18m to the Yeh Group, in a deal brokered by Gus Moors and Karen Wales of Colliers International.
Logan pub 'Club Hotel Waterford' sold for $22 million to Charter Hall
Logan pub Club Hotel Waterford, a prominent Coles-leased hotel in South East Queensland, has been acquired by ASX listed Charter Hall for $22 million, representing a yield of 5.68%.
George Hotel in South Melbourne sold for $5.2 million
The iconic George Hotel in South Melbourne has sold for $5.2 million, highlighting the ongoing demand for prominent investment opportunities in city-fringe locations in a deal brokered by Savills Australia’s Nick Peden, Clinton Baxter, Jesse Radisich and Glenn Ye.
JLL Hotels & Hospitality Group is delighted to announce the sale of the Freehold interest in the Royal Hotel, Sunbury - representing the sharpest yield for an ALH tenanted investment hotel in over 9 years.
Melbourne Pullman Park Hotel sold to iProsperity Group
iProsperity Group has announced the exchange of the five-star, 419-room Pullman Park Hotel opposite the MCG, which was being marketed for sale by JLL Hotels and McVay Real Estate.
Meadowbrook Hotel Brisbane pub sold for $6 million Paul Fraser CBRE Hotels
One of south east Queensland’s strongest performing pubs, the Meadowbrook Hotel in the heart of Logan, owned by Pelathon Management Group has been sold to Gallagher Hotels for $6 million.
ErdiGroup's Hotel Urban Brisbane sold to Facilimate for $31 million
ErdiGroup today announced it has finalised the sale of the 4-star, 11 storey Hotel Urban Brisbane for $31 million to purchasers Facilimate, in a deal brokered by Neil Scanlan and Leo Carne of Colliers International.
BPM Flinders Lane Melbourne hotel project sold to InterGlobe for $91 million
BPM’s 241-room DA approved Flinders Lane hotel in Melbourne has sold and settled to global investment fund, InterGlobe for $91.3 million - which will be managed by Toga Far East under the Quincy hotel brand.
Auckland CBD Holiday Inn and EVEN Hotel site sold to Pro-Invest for $31m
Part of an Auckland CBD site which was previously home to the New Zealand Herald for over 150 years has sold for $31 million to Pro-Invest, who is planning a 490-room dual branded hotel development of around 37 levels on the site.
Australian Hotel and Brewery sold to Redcape John Musca JLL Hotels
The largest transaction of a going concern pub hotel in Australia in over a decade has been announced for around $50 million - The Australian Hotel & Brewery in Sydney's northwest has sold to Redcape Hotel Group in a deal brokered by John Musca of JLL's Hotels and Hospitality Group.
