US-based global hospitality operator, Delaware North, has been approved by the Northern Territory Government to acquire Darwin's SKYCITY Casino for $188 million.
Felix by 8Hotels Sydney Airport hotel sold for over $60m - Andrew Langsford JLL Hotels
The latest hotel to open in the Sydney Airport precinct has been acquired for AUD$60.6 million by Singapore-based Ascott Residence Trust in a deal brokered exclusively by Andrew Langsford of JLL Hotels & Hospitality Group.
Westin Perth Hotel sold for over $200m - Mark Durran JLL Hotels
In the largest single asset transaction of 2018, and the largest ever in Perth, the brand new Westin Perth has been acquired by Malaysia’s YTL Group in a deal negotiated by JLL Hotels & Hospitality Group’s Managing Director, Mark Durran.
Hilton Surfers Paradise sold for $70m to Jerry Schwartz
Australia’s largest private hotel investor, Dr Jerry Schwartz, has made his first foray into Queensland hotel property with the $70 million purchase of the five-star Hilton Surfers Paradise from the Chinese group, Ja Feng.
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.
Aloft Perth hotel sold in $100m deal Mark Durran JLL Hotels
The Aloft Perth together with the adjoining office building 25 Rowe has sold to Singaporean group Meteorite Land in a $100 million transaction brokered through JLL’s Mark Durran, John Williams and Tom Nattrass.
