Included in the $400 million of hotel sales this year are a number of high-profile assets, including the five-star Sofitel Queenstown, 280 room Rydges Wellington, and the recently completed luxury lifestyle hotel QT Auckland.
Record year of hotel transactions in New Zealand despite pandemic says Colliers
New Zealand has recorded the highest level of hotel transactions on record in 2021. Dean Humphries, National Director of Hotels for Colliers, says in the calendar year ending 31 December in excess of $400 million of hotel deals will have settled, representing a staggering 33 per cent increase on...
JLL Hotels & Hospitality Group announce Lucky Hotel sold off-market to new entrant into the NSW pub market, Partners Group Australian Head, Martin Scott and family. JLL Hotels & Hospitality Groups’ Vice President Kate MacDonald and Managing Director John Musca negotiated the transaction...
HTL Property announce Brookhaven Village sold for in excess of $7m. The manufactured home estate located in Bonville Coffs Harbour region of Northern NSW sold by HTL Property Head of Accommodation Andrew Jackson.
JLL appoints Jonathan Law to Hong Kong hotels leadership role
JLL Hotels & Hospitality Group appoints Jonathan Law Kai Chung Vice President, Hotel Investment Sales, Asia to spearhead its market-leading hotel investment practice in Hong Kong. Jonathan joins Julien Laloye, Vice President of Hotel Advisory & Asset Management in Hong Kong. Jonathan...
Central Coast freehold Hotel sold by HTL Property.The Coast Hotel Budgewoi sold to Bill Drakopoulos of Sydney Restaurant Group (SRG) for $15m by HTL Property National Director, Dan Dragicevich and HTL Property Director, Blake Edwards.
Central Coast Freehold The Coast Hotel Sold by HTL
Central Coast freehold Hotel sold by HTL Property.The Coast Hotel Budgewoi sold to Bill Drakopoulos of Sydney Restaurant Group (SRG) for $15m by HTL Property National Director Dan Dragicevich and HTL Property Director Blake Edwards.
Acacia Ridge Hotel sold for Circa $25m by CBRE and HTL Property
Listed property company Hotel Property Investments (ASX:HPI) has successfully engaged HTL’s Glenn Price and Brent McCarthy to sell its freehold interest in Brisbane’s ultra large format Acacia Ridge Hotel sold at 4.44% yield.
Freehold of St Kilda’s Village Belle Hotel sold by JLL
Freehold Interest in the Village Belle sold to Mazen Tabet at a yield of circa 4.65% with long-term lease to Australian Venue Co.The St Kilda Hotel sold by JLL’s Will Connolly, Stuart Taylor, Tom Noonan and MingXuan Li.
QT Auckland Hotel sold to NZ Hotel Holdings, a partnership between the NZ Super Fund, The Russell Property Group and Lockwood Property Group by Dean Humphries, National Director of Hotels for Colliers NZ.
QT Auckland Hotel sold to NZ Hotel Holdings, a partnership between the NZ Super Fund, The Russell Property Group and Lockwood Property Group by Dean Humphries, National Director of Hotels for Colliers NZ.
Hickory Completes Construction on $150 Million Hyatt Centric Melbourne Hotel a Little Group development in Melbourne. Designed by Architectus, with interiors by Hecker Guthrie.
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Hyatt Centric hotel Melbourne the first Hyatt Centric Hotel in Australia marks a significant milestone for the Hyatt brand
Hickory Completes Construction on $150 Million Hyatt Centric Melbourne Hotel a Little Group development in Melbourne. Designed by Architectus, with interiors by Hecker Guthrie.
Locally-Loved NSW regional pub sold for record yield by Savills Hotels
Young Hotel located at 89 Lynch Street Young sold to regional purchaser. The Young Hotel sold by Nick Lower, Nick Butler and Selin Ince of Savills Australia.
