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.
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.
Hotel Cairns has been sold to a New Zealand-based family following an Expression of Interest campaign conducted by CBRE Cairns Managing Director Danny Betros and CBRE Hotels National Director Wayne Bunz.
Wyndham Destinations Asia Pacific is set to boost its presence in Queensland after acquiring the Peppers Airlie Beach resort on the Whitsunday Coast in a deal negotiated by CBRE Hotels agents Wayne Bunz and Hayley Manvell.
Australia’s oldest private property developer, Lewis Land Group, has purchased the renowned south-east Queensland entertainment venue, the Mon Komo Hotel, in a deal negotiated by Michael Simpson and Leon Alaban Savills.