Redcape Hotels's Iconic Aspley Hotel Brisbane sold in an off-market transaction at a price believed to be circa $10.5m. It is understood Savills, Tony Bargwanna also introduced a party which led to a transaction together with HTL's Andrew Jolliffe and JLL's Tom Gleeson for The Grove Hotel on...
Redcape Hotel Group's The Shamrock hotel for sale after two of its North Queensland hotels sold - HTL Property & JLL
Two Redcape Hotel Group's North Queensland hotels sold by HTL property. The remaining hotel, The Shamrock Hotel Mackay for sale through HTL Property and JLL.
Invictus Developments Boosts Hotel Portfolio with Brisbane and Sydney Acquisitions CBRE & JLL
Singapore-based Invictus Developments has continued to invest in the Australian hotel property market, with the $25 million acquisition of Brisbane’s 5-star The Inchcolm by Ovolo Hotel at Spring Hill in Brisbane.
The Sun continues to shine on the Sunshine State’s Tourism & Accommodation sector, by JLL’s Gareth Closter
Almost all Queensland tourism and accommodation markets are coming off a record financial year performance with 2023 being one of, if not the best, 12 months of trade recorded.
The Gracemere Tavern Rockhampton sold - HTL Property
The Gracemere Tavern central Queensland sold by the Cook Beaumont and Partners Hotel syndicate based in Melbourne in a record-breaking regional Queensland transaction by HTL’s Queensland Directors, Glenn Price and Brent McCarthy.
ALH leased Sunshine Coast hotel investment sold by CBRE
Alexandra Headland’s Alex Hotel sold to Sydney-based family for $11 million on a yield of 6.19%. The beachfront hotel leased to Australian Leisure and Hospitality Group (ALH) sold by CBRE’s Louisa Blennerhassett, Rem Rafter and Paul Fraser who brokered the transaction on behalf of a Melbourne...
Gold Coast’s Sheraton Grand Mirage Resort sold by Colliers, McVay Real Estate & JLL
Sheraton Grand Mirage Resort Gold Coast sold by Colliers, McVay Real Estate and JLL. Appetite for the renowned hotel indicates accelerated recovery of the sector will continue, following more than $1 billion in national hotel transactions over H1 2023, according to Colliers.
Brisbane’s West End landmark The Montague Hotel sold by CBRE
Brisbane’s landmark The Montague Hotel sold to family-owned hospitality group by CBRE Hotels’ Senior Director Paul Fraser. The Brisbane hotel sold as a Freehold Going Concern interest, which adds to the Brisbane-based buyer’s portfolio of Queensland pubs.