Invictus Developments Boosts Hotel Portfolio with Brisbane and Sydney Acquisitions CBRE & JLL
Singapore-based Invictus Developments has continued to invest in the Australian hotel property market, with the $25 million acquisition of Brisbane’s 5-star The Inchcolm by Ovolo Hotel at Spring Hill in Brisbane.
New England accommodation hotel sold by HTL Property
Comfort Inn City Centre (Armidale) sold to active investor RHCD Funds, run by Carpe Diem Partners and Redhill Hospitality, through HTL Property Directors James Carrick and Nic Simarro.
Abode Hotel and Apartments Canberra sold for $41.5m - CBRE
Canberra’s Abode Hotel and Apartments sold for $41.5 million to boutique funds management company Serene Capital through CBRE’s Michael Simpson, Vasso Zographou and Tristan Cotchett.
The Rydal Pub (Hotel Alexander) located just 15 mins from Lithgow will soon be entering a new and exciting era with its recent sale to Johnston Bros Hospitality Group.
The Gracemere Tavern Rockhampton sold - HTL Property
The Gracemere Tavern central Queensland sold by the Cook Beaumont and Partners Hotel syndicate based in Melbourne in a record-breaking regional Queensland transaction by HTL’s Queensland Directors, Glenn Price and Brent McCarthy.
Bondi Beach Hotel sold to 5th Generation Sydney Hotelier by HTL Property
One of only a handful of beachfront hotels on Sydney’s famous Bondi Beach, the Bondi Beach Hotel sold to 5th generation hotelier, Edward Ryan, by Andrew Jolliffe, Dan Dragicevich and Xavier Plunkett of leading national brokerage agency HTL Property.