Peppers Kings Square in Perth sold $26 million - CBRE
Singapore investment and asset management company High Street Holdings (HSH) has added another Australian hotel to its fast-growing global portfolio with the purchase of Peppers Kings Square in Perth for circa $26 million.
Guests are willing to pay up to a 30% premium for Lifestyle Hotels, says CBRE
When selecting hotels, guests show they would be willing to pay on average a 16% premium for a lifestyle property over a traditional one, with some guests willing to pay up to 30% more, latest CBRE research finds.
One of Australia’s favourite caravan parks sold $27.5m - CBRE
G & R Kratzmann Property Investments has acquired one of the nation’s favourite caravan parks, as demand for regional Queensland leisure assets goes from strength to strength.
Black Rhino Hotel Group expands into South Australia - Newmarket Hotel Port Adelaide sold - CBRE
The group has purchased the Newmarket Hotel on the corner of Commercial Road and Dale Street in Port Adelaide in a deal brokered jointly by Grant Clarke of McGees’ and Mathew George of CBRE Hotels’.
The Pacifica, New Zealand’s highest residential tower and boutique hotel to arrive in 2020
Architect Jaimin Atkins of Plus Architecture New Zealand and developer Hengyi Pacific have created the $300 million, 295 apartment, 35 hotel room Pacifica project in Auckland which is due to start construction next month.
BMW to sell flagship Melbourne CBD showroom paving the way for new hotel development
Automotive giant BMW has appointed CBRE brokers Mark Wizel, Josh Rutman, Julian White and Lewis Tong to market its 6,191sqm Melbourne flagship sales showroom at 58 Southbank Boulevard which is expected to ignite global development interest.
