Blue Mountain’s Leura Gardens Resort sold for the second time in 12 months at a 25% premium - CBRE
The Elanor Hotel Accommodation Fund, managed by Elanor Investors Group, has sold the Leura Gardens Resort just under 12 months after acquisition, at a 25% premium on the fund’s original purchase price. The deal was struck after a direct off-market approach through the original selling agent,...
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.
ResortBrokers breaks own record with largest ever Quest transaction
ResortBrokers has achieved another record sale of a Quest Apartment Hotel business with the 88-apartment Quest Liverpool sold by ResortBrokers’ NSW agents Jacqueline Featherby and Tim Mayoh
Sheraton Hotels and Resorts, part of the Marriott International group, set to become the operator of the 223-room five-star hotel component of the $445 million Torquay waterfront development providing access to Fraser coast attractions K’gari and whale watching.
BWH Hotels (BWH) announce the signing of three new SureStay properties in Australasia
Situated within BWH’s value and extended stay segments, the global powerhouse brand will introduce two economy SureStay hotels and first in market, extended stay brand, SureStay Studio to the portfolio.
The Ascott Limited accelerates strategic Sydney expansion with 255 key Haymarket hotel
The Ascott Limited has achieved another milestone with the opening of the 255 key Sydney Central Hotel Managed by The Ascott Limited (Sydney Central), Managing Director David Mansfield says as momentum continues to build for Ascott Australia.
