Hotel investment appetite strong despite short-term tourism outlook - CBRE
Nearly 90% of hotel-industry participants in Australia and New Zealand are looking to maintain or increase their exposure to the sector, despite a consensus that per-room revenue in some major cities could take three-to-five years to recover to pre-pandemic levels.
Rydges North Sydney sold for $75m to Singapore family office by CBRE
Singapore investment and asset management company High Street Holdings partner David Marriott flags further hotel purchases in Australia after acquiring Rydges North Sydney for $75m. CBRE Hotels Michael Simpson and Wayne Bunz negotiated the sale on behalf of Event Hospitality & Entertainment...
Innot Hot Springs Leisure & Camping Park Cairns for sale by Ray White Rural & CBRE
Innot Hot Springs Cairns for sale by CBRE Hotel’s Paul Fraser and Ray White Rural Athertons’ Morgan Breenan for sale amid strong investor demand for leisure assets in regional Queensland.
Brisbane Best Western Gregory Terrace Hotel sold to Interstate investors by CBRE
A Sydney-based investment syndicate has purchased the Best Western Gregory Terrace hotel in the inner-Brisbane suburb of Spring Hill. CBRE Hotels’ agents Hayley Manvell and Paul Fraser handled the sale on behalf of the owner GT Property group.
Jaz Mooney’s Middle Head Ventures is offering the freehold going concern or the leasehold of The Normanby Hotel for sale. CBRE Hotels’ National Pubs Director Paul Fraser has been exclusively the landmark Brisbane hotel for sale.
Brisbane Landmark The Normanby Hotel for sale by CBRE
Jaz Mooney’s Middle Head Ventures is offering the freehold going concern or the leasehold of The Normanby Hotel for sale. CBRE Hotels’ National Pubs Director Paul Fraser has been exclusively the landmark Brisbane hotel for sale.
The Flying Duck Hotel Prahran for sale - CBRE Hotels
Melbourne's The Flying Duck Prahran for sale, is expected to attract offers well in excess of $7,500,000. CBRE’s Scott Callow and Mathew George have been exclusively appointed by Zig Inge Group.
Savills reports Australia recorded the second highest transaction volumes across Asia Pacific totalling AU$462.2 million
Australia is perceived to be a low-risk investment market, boosting demand for hotels according to the Research Report produced by Michael Simpson, Raymond Clement and Simon Smith of Savills.
