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.
Mantra Group acquires Art Series Hotel Group for $52.5m
Tim Crooks and Trudy Crooks from Resort Brokers Australia have brokered the acquisition of the Art Series Hotel Group by Mantra Group for $52.5 million.
JLL Hotels & Hospitality Group expands in Asia Pacific
JLL Hotels & Hospitality is expanding its Melbourne office with the transfer of Peter Harper, Executive Vice President, Investment Sales, from the Sydney office where he will work on growing the team and developing JLL’s hotel investment business in Melbourne.
The Alberg Hotel on Mount Buller, the most visited ski field in Victoria, is for sale through Jim Chapman and Damien Loorham of Resort Brokers Australia.
Construction underway on $60 million Peppers Southbank Hotel
Operated by Mantra Group, the 162-room hotel will be the Group’s eleventh property in Melbourne’s CBD, positioned in the vibrant arts and entertainment district of Southbank.
Jim Chapman, Victorian State Manager of Resort Brokers Australia is marketing the serviced apartments which commenced trading in April 2014 on behalf of the Quest Apartment Hotels Group.
Hotel investment dominated by Australia and Hong Kong during first half of 2017
Gateway cities provide positive long-term tourism fundamentals, but investors are considering alternative investment in key emerging tourism markets, according to real estate consultancy group JLL in their latest Hotel Investment Highlights Asia Pacific - H1 2017 report.
Mandarin Oriental to open luxury hotel and residences in Melbourne
Mandarin Oriental Hotel Group has signed a management contract for a new luxury hotel and branded residences in Melbourne, Australia. The project, designed by award-winning architect, Dame Zaha Hadid and to be developed by Landream, is expected to open in 2023.
Shangri-La confirmed for luxury Melbourne CBD Development
S P Setia Berhad Group, the premier Malaysian property developer, and Shangri-La Hotels and Resorts, the leading Asia-based luxury hotel group, has announced Shangri-La as the official hotel operator for the planned landmark luxury development in Melbourne’s CBD.
TFE Hotels to open one of Australia's tallest timber buildings
Designed by Bates Smart, Adina Apartment Hotel Melbourne Southbank will comprise 220 apartments using relatively new mass timber construction technology that will see the project attain new levels in sustainable design, and making it one of Australia’s tallest timber buildings.
