Mantra Group Secures Management Rights of GURNER™’S $600M ‘FV’ Project in Brisbane
Trudy Crooks and Tim Crooks of Resort Brokers Australia have negotiated on behalf of luxury property developer GURNER™, the successful sale of the building management rights to its landmark $600m ‘FV’ project in Brisbane to Mantra Group’s high-end ‘Peppers’ brand.
New owner toasts acquisition of North Sydney's Greenwood Hotel
The Balmain Pub Group (BPG) has sold its leasehold interest in the iconic Greenwood Hotel in North Sydney for just over $10 million to well-known Sydney hotelier Simon Tilley.
JLL Hotels & Hospitality Group sells Four Seasons Resort Bora Bora
Developer Thierry Barbion and Alatau Hospitality, an investment fund of Lancaster Group Kazakhstan led by Kassym Abzhanov, sold the resort to a private equity hospitality fund led by Gaw Capital.
StayWell Hospitality Group Launches Leisure Inn Shrey, Jodhpur
Australia’s largest privately owned hotel management company StayWell Hospitality Group will extend its international footprint today with the opening of the company’s fifth property in the Rajasthan market, the Leisure Inn Shrey in Jodhpur.
Ovolo Group expands Australian footprint to Brisbane
Located in the heart of Brisbane’s CBD, The New Inchcolm Hotel & Suites purchase by Ovolo Hotels was facilitated by JLL Hotels & Hospitality Group Vice President, Tom Gibson and Executive Vice President, Peter Harper.
Moana Sands Lagoon Resort to open in Muri Beach, Rarotonga
Muri beach will soon be home to the latest Moana Sands development, joining Moana Sands Beachfront Hotel and Moana Sands Beachfront Villas situated in Titikaveka and Vaimaanga beaches respectively.
Singapore’s Royal Group sells InterContinental Sydney Double Bay
The sales process which was led by Craig Collins of JLL Hotels and Hospitality Group, and Richard Abbott of Holman Fenwick Willan concluded with Zobon Real Estate Group Co.Ltd and Shanghai United Real Estate Inc purchasing the luxury hotel for $140 million.
Regional New Zealand hotel sales signal rising demand
An Australian investor has purchased the 51-room Ambassador Hotel Hamilton, while an Auckland investor has bought The Park Hotel Ruapehu, an 82-room hotel in the central North Island’s National Park.
