Justin Hemmes adds the Tennyson Hotel to his empire
Merivale chain owner, Justin Hemmes has bought the Tennyson Hotel in Mascot, for $37.05 million through Ray White Hotels Asia-Pacific director, Andrew Jolliffe.
The Tennyson Hotel on Botany Rd has been listed for sale by Andrew Jolliffe of Ray White Hotels following a number of freehold sales, including The Colombian Hotel and The Commodore Hotel in Sydney
The Ambarvale Hotel in south-western Sydney has been sold to private hotel interests for $21.2 million in the latest sign of demand for pub investment opportunities.
Clifton Suites on Northbourne changes hands in off-market sale concluded by Mark Durran, Managing Director – Investment Sales, Australasia, JLL Hotels & Hospitality Group.
Novotel Melbourne on Collins, has been sold to Frasers Hospitality Trust for AUD 237 million
Craig Collins, CEO Australasia, JLL's Hotels & Hospitality Group together with Simon Rooney, Head of JLL's Retail Investments - Australasia brokered the transaction.
