$700m Andaz Hotel development coming to Sydney CBD in 2022
Woods Bagot’s winning scheme for the new 55-story tower will be built in the city’s central business district at 4-6 Bligh Street. Creating two addresses—one for the 400-room hotel operated by Andaz Hotels by Hyatt and the other for commercial uses.
TFE to begin construction of Travelodge Hotel Hurstville
TFE Hotels has announced today that construction is about to begin on a new-build hotel, the Travelodge Hurstville, as part of a significant redevelopment project in Sydney’s southern suburbs.
Sydney pub The Duke of Gloucester 'Dog' Hotel for sale - HTL Property
One of Sydney's Eastern Suburbs pub institutions, the Duke of Gloucester Hotel, has been listed for sale by HTL Property's Sam Handy and Daniel Dragicevich with a price tag of $30 million.
The Star Entertainment Group to reduce single-use plastics
The Star Entertainment Group today announced a commitment to reduce single-use plastics across its 60 bars and restaurants, 7 hotels and corporate offices in Sydney, Brisbane and the Gold Coast.
Tighter yields and limited stock lead pub buyers to broaden their horizons - CBRE Hotels
Pub yields are continuing to tighten across most Australian states as buyers seek out quality assets and value-add opportunities, according to CBRE’s latest Pub Trends report.
"Demand for NSW pub assets to grow" - Nick Butler, Manenti Quinlan and Associates
Nick Butler of Manenti Quinlan and Associates suggests that barriers to entry in the sector will remain high for new players, as long as vendors choose the frequently adopted “off-market” strategy, ultimately limiting sales prices.
"Continued transactional appetite expected for the NSW pub market in 2019" - John Musca, JLL Hotels
John Musca, the National Director for JLL Hotels & Hospitality Group, expects buyer appetite to remain high with an increase in due diligence being undertaken by key publicans.
Manly beachfront pub 'Hotel Steyne' for sale - Gus Moors, Colliers International
Colliers International have been appointed in conjunction with HTL Property, to offer for sale the Steyne Hotel Manly, with the view of seeking offshore investors for the iconic establishment.
"Sydney accommodation market performs well in 2018" - HTL Property
It has been an exciting year for the Sydney accommodation market, heavily spurred on by favourable tourism numbers that translated into a positive 2018 performance, according to HTL Property's latest ‘Spotlight On’ report.
Quest to manage 100 apartments in Yuhu's The Miller North Sydney development
Yuhu Group has confirmed The Miller project in the heart of North Sydney has topped out at 21-storeys, with the development opening later this year including 100 serviced apartments managed by Quest Apartment Hotels.
CBRE strengthens Retail Capital Markets with Melbourne appointment
CBRE has bolstered its Victorian Retail Capital Markets team with the appointment of Jamie Hess amid growing demand for retail investment opportunities.
New Zealand’s premier Large Format Retail asset for sale - JLL
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
The Hunter Valley’s iconic Tower Estate for sale - CBRE
CBRE Hotels’ Tom Gibson and Nick Hill have been appointed to market one of Australia’s most iconic and luxurious wine country escapes, Tower Estate for sale.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
