Ovolo Group’s investment arm lists boutique Sydney hotel to supercharge portfolio growth. The Woolstore 1888 by Ovolo is being offered on the basis that Ovolo retains the management rights to the hotel post-sale. CBRE Hotels’ Wayne Bunz and Michael Simpson have been exclusively appointed to...
CBRE advises on Melbourne’s largest hotel transaction in over five years
Novotel & ibis Melbourne Central Hotel sold $170 million to Worldwide Hotels Group subsidiary Legend Land Melbourne Pty Ltd through CBRE Hotels’ Wayne Bunz and Scott Callow.
ALH leased Sunshine Coast hotel investment sold by CBRE
Alexandra Headland’s Alex Hotel sold to Sydney-based family for $11 million on a yield of 6.19%. The beachfront hotel leased to Australian Leisure and Hospitality Group (ALH) sold by CBRE’s Louisa Blennerhassett, Rem Rafter and Paul Fraser who brokered the transaction on behalf of a Melbourne...
Brisbane’s West End landmark The Montague Hotel sold by CBRE
Brisbane’s landmark The Montague Hotel sold to family-owned hospitality group by CBRE Hotels’ Senior Director Paul Fraser. The Brisbane hotel sold as a Freehold Going Concern interest, which adds to the Brisbane-based buyer’s portfolio of Queensland pubs.
Trio of accommodation and hospitality assets in World-Heritage listed Daintree Rainforest for sale - CBRE
A trio of accommodation and hospitality assets in the World-Heritage listed Daintree Rainforest for sale by CBRE Hotels’ Wayne Bunz and Hayley Manvell. Daintree Ecolodge, Red Mill House Bed & Breakfast and Daintree Village Hotel For sale.
Quest Woolooware Bay Sutherland Shire for sale - CBRE
Quest Woolooware Bay, part of the $1 billion Woolooware Bay Town Centre mixed use development for sale by Property group Novm through CBRE’s Michael Simpson and Vasso Zographou.
Yasawa Island Resort & Spa, one of Fiji’s leading luxury resorts for sale by Sydney based vendors James and Erin McCann through CBRE Hotel’s Tom Gibson and Michael Simpson.
Grand Hotel Bundaberg for sale via mortgagee in possession by CBRE Hotels
The historic Grand Hotel in the Bundaberg CBD for sale via the mortgagee in possession amid a period of strong population growth. The Grand Hotel for sale by CBRE Hotel’s Paul Fraser and Power Jeffrey & Co’s Andy Nason.
Investors circling Australian hotels after 2022 transactions hit $2.14 billion - CBRE
CBRE’s latest Hotels Overview and Outlook report highlights that recovering occupancies and strong growth in Average Daily Rates (ADR) assisted in insulating the hotels sector from the effects of rising inflation.
