Novotel and ibis Melbourne Central Hotel opening in December
One of Melbourne’s most anticipated hotel openings, the new 483-room Novotel and ibis Melbourne Central on Little Lonsdale Street, is now taking bookings for stays from 1st December 2018.
George Hotel in South Melbourne sold for $5.2 million
The iconic George Hotel in South Melbourne has sold for $5.2 million, highlighting the ongoing demand for prominent investment opportunities in city-fringe locations in a deal brokered by Savills Australia’s Nick Peden, Clinton Baxter, Jesse Radisich and Glenn Ye.
JLL Hotels & Hospitality Group is delighted to announce the sale of the Freehold interest in the Royal Hotel, Sunbury - representing the sharpest yield for an ALH tenanted investment hotel in over 9 years.
Melbourne Pullman Park Hotel sold to iProsperity Group
iProsperity Group has announced the exchange of the five-star, 419-room Pullman Park Hotel opposite the MCG, which was being marketed for sale by JLL Hotels and McVay Real Estate.
St. Regis Hotels coming to Melbourne's Flinders Bank in 2022
Local developer Century Group Aus has secured Australia’s first hotel under the renowned luxury St. Regis Hotels & Resorts brand - set to open at Flinders Bank in the Melbourne CBD.
BPM Flinders Lane Melbourne hotel project sold to InterGlobe for $91 million
BPM’s 241-room DA approved Flinders Lane hotel in Melbourne has sold and settled to global investment fund, InterGlobe for $91.3 million - which will be managed by Toga Far East under the Quincy hotel brand.
Pellicano announces Quest as apartment hotel operator for $182m development portfolio
Pellicano has secured Quest as the apartment hotel operator for four mixed-use projects that in total will deliver 328 rooms and 99 residential apartments set to be completed by 2020.
'Green Spine' awarded Australia's tallest building for Melbourne's Southbank by Beulah BMW Site
After a six-month global search, Green Spine (reaching 356m high) is set to become Australia's tallest tower within Melbourne's Southbank by Beulah BMW Site - designed by Dutch architecture firm UNStudio and Melbourne-based Cox Architecture.
$450m Melbourne Northbank Seafarers Place hotel and mixed-use redevelopment officially approved
Property developer Riverlee has received development approval for its $450 million redevelopment of the Northbank Goods Shed and surrounding land, that is set to revitalise the disused industrial waterfront site with a 5-star luxury hotel and mixed-use precinct.
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.