The Motel Oasis complex which consists of 15 spacious units and a conference facility, all air-conditioned, very well appointed with quality chattels was sold by Brent Hannah of Resort Brokers New Zealand.
Yuhu settles One Circular Quay and Jewel projects from Wanda
Yuhu has confirmed the settlement of their acquisition of the One Circular Quay and Jewel developments from Wanda, with each project incorporating a luxury five-star hotel, exclusive private residences as well as boutique retail and restaurants, representing a AU$2.8 billion investment when...
Auckland's $40m Federal Street Car Park sold to ICD a prime candidate for new hotel development
The $40 million sale of Auckland's Federal Street Car Park building to Australian property group ICD Property Investment has achieved one of the highest price per square metre rates ever recorded in the Auckland CBD and will potentially pave the way for a new luxury hotel development.
The leasehold interest of Sydney's Covent Garden Hotel - a Luey Family Chinatown pub icon - has been sold off-market by Ray White's Asia Pacific Director of Hotels Andrew Jolliffe.
Resort Brokers New Zealand have sold the 40 room Wellesley Hotel on the Lake, a characteristic hotel complex on a long-term lease agreement with 29 years remaining.
Griffith’s Quest Apartment Hotel sells for over $15m
Strengthening investor interest in Australia’s regional hotel market has underpinned the sale of Quest Apartment Hotel in Griffith for $15.25 million - representing a strong yield of 7.5%.
Singaporean group swoops on holiday investment in Perth CBD hotspot
One of Singapore’s wealthiest private groups, Legend Land Perth Pty Ltd, has snapped up the 168-room Holiday Inn City Centre Perth for a reported $65 million.
After a 4 week international marketing campaign by Ray White Group's Number One agent internationally, Andrew Jolliffe, has this morning sold under the hammer the Padstow Park Hotel for $26 million.
SB&G Hotel Group has moved closer to its stated target of $1 billion of assets with the acquisition of two Watermark branded hotels in Brisbane and the Gold Coast.
