Mercure Pakenham freehold sold for almost $16m by Stonebridge
The freehold interest in the Mercure Pakenham sold to a Melbourne based investor for $15,800,000 on a sharp passing yield. The 64 room Mercure hotel sold on a leaseback for 20 years brokered by Stonebridge’s Rorey James and Kevin Tong in conjunction with Ben Wilson and Emma Dunne of Wilson...
NT Major Events Company announces Suzana Bishop new CEO
The Territory’s peak body for events, Northern Territory Major Events Company (NTMEC), has recruited highly respected major events and tourism professional Suzana Bishop as the organisation’s new Chief Executive Officer (CEO).
Liquidator appointed Coffs Motel & Villas Coffs Harbour sold by HTL Property & Ray White Commercial
Coffs Motel and Villas sold by Nic Simarro and James Carrick of HTL Property together with Michael McCullagh of Ray White Commercial Queensland. Insolvency and restructuring expert, Bill Karageozis of McLeod and Partners was appointed liquidator of 209 Pacific Highway Coffs Harbour sold by EOI...
c1881 Historical Hotel The Ambassador of Redcliffe overlooking Redcliffe Beach sold off-market by Savills Hotels
The hotel was built in 1881, the first in Redcliffe’s CBD, The Ambassador of Redcliffe sold to pre-approved private buyer negotiated by Leon Alaban and Tony Bargwanna of Savills Hotels.
Salter Brothers confirm their acquisition of Spicers Retreats
Paul Salter, Managing Director of Salter Brothers said “This is an exciting acquisition and a great fit for our strategy to acquire unrepeatable assets in amazing locations, targeting the luxury retreat market, which continues to grow globally. “The Spicers Retreat brand is well-established, and...
Caboolture Pub and Shopping Centre sold by Savills
A Caboolture pub favourite and local shopping centre Trader Dukes Caboolture and Kings Circle Shopping Centre sold by Leon Alaban Savills National Director Hotels QLD Australia, Tony Bargwanna National Director Hotels QLD Savills Australia.
c1854 Chateau Yering sold to ASX listed Elanor Investor Group by Burgess Rawson and HTL Property
ASX listed Elanor Investor Group has purchased the spectacular Chateau Yering in Victoria’s picturesque Yarra Valley in a deal brokered by Burgess Rawson and HTL Property.
La Vie Hotels & Resorts appoints Shankar Sreekumar Head of South & South East Asia
After a year of unprecedented growth for La Vie Hotels & Resorts, the company has announced the appointment of Shankar Sreekumar as Head of South & South East Asia.