JLL Hotels & Hospitality announce largest pub deal of 2024 with $70m transaction
The $70m transaction was brokered by JLL Hotels Managing Director, John Musca and Executive Vice President, Ben McDonald and involves the sale and purchase of two hotels - the leasehold interest of the Criterion Hotel, Sydney and the freehold going concern of the Crescent Hotel, Fairfield on...
Shakespeare Property announces acquisition of Woolstore 1888 by Ovolo in Darling Harbour, Sydney
Shakespeare Property Group Pty Ltd (Shakespeare Property) has announced an agreement to purchase the Woolstore 1888 by Ovolo in Darling Harbour, Sydney. It is understood the deal was negotiated by CBRE’s Michael Simpson, Wayne Bunz and Steve Carrol.
Jerrabomberra Hotel sold to Harvest Hotels - HTL Property
The Jerrabomberra Hotel Queanbeyan sold is the first to be made under the newly merged Harvest Pub Fund, was brokered by HTL Property’s Dan Dragicevich and Sam Handy.
Waterfront Port Macquarie CBD Motel Sold by HTL Property on Sharp Yield
Located in the Port Macquarie CBD, the freehold interests in the Mid Pacific Motel sold for $9m on a sharp yield through a marketing campaign coordinated by HTL Property’s National Accommodation Director, Andrew Jackson; and Paul Nyholt, the QLD Accommodation Director.
Colliers NZ act as strategic advisors for Sarin Hotels on the acquisition of the DoubleTree by Hilton Wellington
Colliers Director Hotel Advisory and Valuation NZ, Mr Chris Bennett announced that Colliers have acted as strategic advisors for Sarin Hotels on the acquisition of the DoubleTree by Hilton Wellington through an off-market sales process.
Corindi Beach Hotel sold to North Coast Hotel Group by JLL
Corindi Beach Hotel on the NSW Coffs Coast sold by JLL Hotels Senior Vice President Kate MacDonald and Vice President Greg Jeloudev were exclusively appointed to manage the on-market sale process on behalf of Kelly & Co Hotels.
The NRMA tourism business has acquired the Broulee holiday park, midway between Batemans Bay and Moruya.
NRMA Parks and Resorts Chief Executive Officer Paul Davies said the addition of Broulee to the portfolio offered great value for its members and holidaymakers on the New South Wales South Coast.
Savills Hotels announce the Four Points by Sheraton Melbourne Docklands Hotel sold in a A$96 million off-market transaction
The A$96 million off-market transaction that was brokered through Savills Hotels Mark Durran and Nik Sasic via a confidential off-market international sale process. MA Financial has entered into binding agreements to acquire the hotel from Singapore based company Hiap Hoe Limited’s subsidiary...