Australian Hotel Motel in Yass sold for $3.7 million
Sydney hotel group Harvest has sold its second Yass venue in a matter of months, offloading the Australian Hotel Motel in a deal negotiated by CBRE's Kate MacDonald and Ben McDonald.
Brisbane's Elephant Hotel sold to Sydney group for more than $20 million
Sydney independent pub group Tilley and Wills Hotels has acquired The Elephant Hotel in Fortitude Valley for more than $20 million in a deal negotiated by CBRE’s Paul Fraser and Jack Morrison, in conjunction with JLL’s Tom Gleeson.
Moelis completes $100 million takeover of Byron Bay Beach Hotel
Moelis Australia has completed its acquisition of the Beach Hotel in Byron Bay after announcing it had entered into an agreement for the property at the end of last year.
Hotel Property Investments lock in long-term leases with Queensland Venue Company
Hotel Property Investments has announced long-term lease extensions for 28 of its hotel and retail liquor stores to incumbent tenant Queensland Venue Company.
New Zealand's Huka Lodge sold to US investment fund
KSL Capital Partners has announced it will acquire New Zealand's Huka Lodge in a deal negotiated by JLL Hotels and Hospitality Senior Vice President Tom Gibson.
New Sebel Canberra hotel sold to German fund manager for $48 million
A global real estate investment manager and Pro-Invest Group have signed contracts to acquire the brand new Sebel Canberra Hotel in a $48 million off-market deal brokered through JLL Hotels & Hospitality Group Managing Director Mark Durran.
The Best Western Plus Lake Kawana Waters has been rebranded to Mercure Sunshine Coast Kawana Waters, following a franchise agreement between Accor and hotel owners, Stay Centro GC.