Sir Stamford Circular Quay hotel on Macquarie Street sold to JDH Capital for $210.5 m
In a deal via an exercisable option agreement with Singapore property tycoon CK Ow’s SGX-listed Stamford Land Corporation agreed at just over $2m per room and some $120.5m above valuation, JDH Capital have purchased the 105 room 5 star hotel recently planned for a $380m redevelopment near the...
Hotel DeBrett business in Auckland CBD sold through Bayleys Real Estate
The business interest of the Hotel DeBrett sold to Habitat Hotels & Apartments by Gordon McGregor of Bayleys Real Estate. Due to settle in September this year Hotel DeBrett will join Ohtel group under a “sister” brand which has hotels in both Wellington and Auckland. Mr McGregor said the...
Melbourne’s only mixed use student accommodation and hotel asset for sale by JLL’s Hotels & Hospitality’s Peter Harper and Nick MacFie alongside Alternative Investments’ David Hill.
Darwin’s Rydges Palmerston for sale for the first time - CBRE
The Rydges Palmerston Darwin is for sale by prominent Territory businessman John ‘Foxy’ Robinson. CBRE Hotels’ National Director Wayne Bunz and Associate Director Hayley Manvell appointed to manage an International Expressions of Interest campaign.
Premium boutique hotel Queenstown New Zealand for sale by Bayleys Real Estate
The land, buildings and business sustaining a well-established four-star boutique hotel in New Zealand’s foremost tourist town have been placed on the market for sale.
Blue Mountains icon sold after 47 years of private ownership - JLL & Knight Frank
New Ivanhoe Hotel Blackheath sold by JLL Hotels & Hospitality Group in conjunction with Knight Frank to prominent hoteliers Ray Reilly and Adrian Guest.
JLL advises on landmark Hilton Sydney Hotel Transaction
JLL Hotels & Hospitality Group today announced that it has negotiated the transaction of the Hilton Sydney Hotel, the largest single asset hotel deal ever closed in Australia. The hotel was acquired by Barings Private Equity Asia (“BPEA”) for approximately A$530 million (US$370 million) and...
CBRE advises Aldar on DoubleTree by Hilton Resort transaction in Ras Al Khaimah USD 221 million
Global real estate advisor CBRE has provided valuation and technical due diligence advisory services to Aldar Properties PJSC on the purchase of DoubleTree by Hilton Resort & Spa, Al Marjan Island for USD 221 million (AED 810 million). Ali Manzoor, Head of Hotels & Tourism at CBRE Middle...
