Invictus Developments continues to build hotel portfolio with Sydney acquisition - Colliers
Singapore-based Invictus Developments has continued to build its Australian hotel property portfolio, with the $61.8 million acquisition of the historic The Old Clare Hotel Sydney sold through Karen Wales Head of Hotels, Australia of Colliers.
Salisbury Hotel in Stanmore sold for $17 million as the pub transaction environment gathers momentum leading into the final quarter of the calendar year.
Hotel Bargo, in Bargo NSW sold to Andrew Ingram, who plans to modernise the offering with incremental changes to suit the community. Sold by JLL Vice President Greg Jeloudev, and Executive Vice President Ben McDonald.
MA Financials’ Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Virtical $61m by Savills
Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Property developers Virtical, through Nick Lower and Tony Bargwanna of Savills Australia. These deals take Virtical’s recent acquisitions to over $120 million in combined value.
The Australian Rugby League Commission invest in Woolooware Bay hotel - CBRE
The Australian Rugby League Commission (ARLC) The Australian Rugby League Commission (ARLC) Quest Woolooware Bay sold by CBRE’s Michael Simpson and Vasso Zographou on behalf of property group Novm.
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.
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.
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.