AccorInvest Australian Hotel Portfolio for sale JLL Hotels
One of Australia’s largest hotel portfolios is for sale by AccorInvest, made up of 23 real estate assets and lease interests located across Sydney, Melbourne, Canberra, Brisbane and Perth, together with several major regional cities.
Singapore’s Royal Group sells InterContinental Sydney Double Bay
The sales process which was led by Craig Collins of JLL Hotels and Hospitality Group, and Richard Abbott of Holman Fenwick Willan concluded with Zobon Real Estate Group Co.Ltd and Shanghai United Real Estate Inc purchasing the luxury hotel for $140 million.
Novotel Melbourne on Collins, has been sold to Frasers Hospitality Trust for AUD 237 million
Craig Collins, CEO Australasia, JLL's Hotels & Hospitality Group together with Simon Rooney, Head of JLL's Retail Investments - Australasia brokered the transaction.
