Hilton Surfers Paradise sold for $70m to Jerry Schwartz
Australia’s largest private hotel investor, Dr Jerry Schwartz, has made his first foray into Queensland hotel property with the $70 million purchase of the five-star Hilton Surfers Paradise from the Chinese group, Ja Feng.
Melbourne Pullman Park Hotel sold to iProsperity Group
iProsperity Group has announced the exchange of the five-star, 419-room Pullman Park Hotel opposite the MCG, which was being marketed for sale by JLL Hotels and McVay Real Estate.
DA Approved George Street Sydney CBD hotel site for sale McVay Real Estate
The site at 312 - 318 George Street Sydney, opposite Wynyard Station and fronting Sydney CBD’s main pedestrian and light rail thoroughfare, is for sale by Sam McVay and Dan McVay - boasting DA approval for the construction of a new 16 level, 195-room hotel.