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Hotel Cairns sold to New Zealand's Giarn family

Hotel Cairns has been sold to a New Zealand-based family following an Expression of Interest campaign conducted by CBRE Cairns Managing Director Danny Betros and CBRE Hotels National Director Wayne Bunz.

New South Wales (NSW)Sydney

Deals

Leasehold of Botany View Hotel in Newtown sold to Balmain Hotel publican

The leasehold of the Botany View Hotel in Newtown has been sold to Balmain Hotel proprietor Justin Small in a deal negotiated by Kate MacDonald and Ben McDonald CBRE Hotels.

Properties

Taylor's Hotel in Mackay listed for sale

Taylor's Hotel in Mackay, Queensland has been listed for sale by Savills Hotels Director Tony Bargwanna.

News Roundup

https://www.therealestateconversation.com.au/news/2019/11/29/so-you-want-career-real-estate/1575003119

So you want a career in real estate?

The real estate industry is varied and is more than just selling property, according to the Real Estate Institute of Australia.

The Real Estate Conversation

https://www.commo.com.au/news/2019/12/04/parramatta-office-tower-sold-1053-million/1575421565

Parramatta office tower sold for $105.3 million

An office tower at 2-10 Wentworth Street, Parramatta NSW has been sold by Centuria Property Funds for $105.3 million in a deal brokered by Steve Kearney, Simon Fenn, Mark Hansen and Claire Zouroudis from Cushman & Wakefield, and Bevan Kenny and Andrew Hunter from CI Australia.

COMMO

https://www.thebusinessconversation.com.au/2019/11/29/six-years-test-batches-international-producer-year-aussie-gin-distillery-four-pillars

Six years from test batches to International Producer of the Year for Aussie gin distillery Four Pillars

Established in 2013, earlier this year the Yarra Valley company also became the first ever local distillery to be awarded Australia’s Liquor Brand of the Year.

The Business Conversation

https://www.therealestateconversation.com.au/news/2019/11/19/population-grows-house-affordability-diminishes/1574126860

As population grows, house affordability diminishes

Strong population growth to deteriorate affordability in Sydney and Melbourne, according to Riskwise.

The Real Estate Conversation

https://www.retalkasia.com/news/2019/11/15/hong-kong-property-market-expected-stay-resilient-during-downcycle-says-colliers

Hong Kong property market expected to 'stay resilient' during downcycle, says Colliers

A new report from Colliers International has predicted the Hong Kong residential property market to withstand the negative sentiment stemming from the continued demonstrations.

RETalk Asia

https://www.commo.com.au/news/2019/11/20/historic-sydney-warehouse-sold-38-million/1574228544

Historic Sydney warehouse sold for $38 million

A character warehouse in Sydney’s inner west that was once part of the Cyclops toy factory has sold for $38 million.

COMMO