Sir Stamford Circular Quay hotel on Macquarie Street sold to JDH Capital for $210.5 m
In a deal via an exercisable option agreement with Singapore property tycoon CK Ow’s SGX-listed Stamford Land Corporation agreed at just over $2m per room and some $120.5m above valuation, JDH Capital have purchased the 105 room 5 star hotel recently planned for a $380m redevelopment near the...
Entertainment precinct Townsville waterfront, Flinders Street Wharves for lease - JLL
Flinders Street Wharves (FSW) is creating Townsville’s premier waterfront entertainment precinct and is exclusively for lease by JLL Hotels & Hospitality Group.
HPI & AVC exit the Lord Stanley sold off market by JLL
The freehold going concern of the Lord Stanley Hotel East Brisbane sold by JLL Hotels & Hospitality Group Senior Vice President Tom Gleeson. The Lord Stanley Hotel sold to Hakfoort Group off-market for $20m on behalf of Hotel Property Investments and Australian Venue Co.
JLL advises on landmark Hilton Sydney Hotel Transaction
JLL Hotels & Hospitality Group today announced that it has negotiated the transaction of the Hilton Sydney Hotel, the largest single asset hotel deal ever closed in Australia. The hotel was acquired by Barings Private Equity Asia (“BPEA”) for approximately A$530 million (US$370 million) and...
East Maitland’s Windsor Castle Hotel sold to Harvest Hotels by JLL
Harvest Hotels is expanding its operations to NSW’s Hunter Valley Region, following the purchase of The Windsor Castle Hotel in East Maitland Brokered by JLL’S Ben McDonald and Kate MacDonald, the deal between Harvest Hotels and the Sean O’Hara and Nick Quinn run pub was for a high-quality asset...
The Oaks Australia’s greatest hotel for sale by JLL
Widely considered the greatest hotel in Australia, JLL Hotels & Hospitality Group JLL Managing Director John Musca and JLL Senior Vice President Ben McDonald, are taking the famous Oaks Neutral Bay for sale. The national icon is being offered by private owners of 50 years – the Thomas family...
