JLL Hotels & Hospitality Group has been exclusively appointed to sell what is widely regarded as Australia’s most iconic hotel, the Beach Hotel in Byron Bay.
"Continued transactional appetite expected for the NSW pub market in 2019" - John Musca, JLL Hotels
John Musca, the National Director for JLL Hotels & Hospitality Group, expects buyer appetite to remain high with an increase in due diligence being undertaken by key publicans.
EBC Hotel & Leisure Fund Tasmania Pub Portfolio for sale JLL Hotels
In what will be one of the largest portfolio offerings in the pub sector across Australia this year, EBC Hotel & Leisure Fund have moved to sell their three Tasmanian assets, being The Foreshore, Hobart, Olde Tudor Hotel, Launceston, and Bayside Inn, St Helens.
Australian Hotel and Brewery sold to Redcape John Musca JLL Hotels
The largest transaction of a going concern pub hotel in Australia in over a decade has been announced for around $50 million - The Australian Hotel & Brewery in Sydney's northwest has sold to Redcape Hotel Group in a deal brokered by John Musca of JLL's Hotels and Hospitality Group.
The sale of the freehold interest in 'The Cloey' is rumoured to be worth nearly $34 million which represents a circa 5% yield, a record for large hotel investment properties in deal brokered by JLL National Director John Musca and Colliers International Director Miron Solomons.
