A rare opportunity to acquire a sought-after slice of the high performing Sydney CBD hotel sector has arisen with the upcoming sale of the Park Regis City Centre Sydney.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
Colliers International Australia's Hotel Sales 2017 report released today found that new hotel development deals amounted to $394 million – almost a quarter of the total sales volume in 2017.
Brisbane’s 4 star Hotel Urban, an 11-storey boutique hotel opposite the Roma Street Parkland is for sale, attracting a high level of interest given Brisbane's current level of infrastructure investment.
The 419-room Pullman Melbourne on the Park, opposite the famed MCG, is for sale at a time when the Australian hotel market has limited quality investment opportunities nationally yet is receiving unprecedented investor interest.
