Iconic Perth nightclub sells for first time in 34 years
CBRE Hotels’ Chloe Mason has sold the freehold going concern, including the attached Nightclub licence of The Library Nightclub in Northbridge for $4.6 million marking the end of Perth hospitality company Entertainment Enterprises' 34-year connection with the iconic venue.
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.
Investor syndicate pays near $13m for Gold Coast management rights
A syndicate of 10 local investors has bought the 363-unit Harbour Quays and 300-unit East Quays management rights portfolio in an off-market deal secured by Resort Brokers Australia for developer Emandar Group.
Operate the business on or off-site at Brisbane's high-end Pavilions
Nathan Eades and Tim Crooks of Resort Brokers Australia offer the Management Rights to The Pavilions, Citimark Properties' latest project, with 79% of the 66 homes already sold.
Central Auckland's Scene Three Apartments has great growth potential
The Management Rights of the Scene Three apartment complex, with 1, 2, and 3 bedroom apartments are for sale through Gordon McGregor of Resort Brokers New Zealand.
Kapitea Ridge Lodge on New Zealand's west coast has potential to grow
Distinctive 11-room luxury accommodation in Hokitiki, with landscaped entertaining areas, can be expanded and is available from Brad Watts of Tourism Properties
Sydney Eastern Suburbs trophy hotel back on the market
The iconic Clovelly Hotel, with a long-term lease, is for sale by Expressions of Interest by John Musca of JLL Hotels and Hospitality Group, and Miron Solomons and Peter Seeto of Colliers International.
Get to know Frank Sorgiovanni of JLL's Hotels and Hospitality Group
Frank Sorgiovanni, Head of Research Asia Pacific at JLL's Hotels and Hospitality Group based in the Singapore office, gives SCHWARTZWILLIAMS his insights into the Asia Pacific Hotels industry.
