Mantra Quayside Port Macquarie sold circa $10 million by ResortBrokers
ResortBrokers Greg James and Trudy Crooks have sold Port Macquarie’s best property in a sale which demonstrates demand for east coast Australian properties continues to flourish. Northern New South Wales Broker Greg James says the circa-$10 million price tag of both the freehold and Management...
The Rydges Sydney Harbour hotel sold to Crystalbrook group circa $100m by Colliers
Crystalbrook’s CEO, Geoff York, said our group has been seeking a Sydney flagship property to complement our growing portfolio. The sale was negotiated by Colliers’ Gus Moors, Karen Wales and George Hudson.
Australia based Baillie Lodges Expands to South America with Acquisition of Chile’s Tierra Hotels
Australia-based boutique ultra-luxury hotel platform Baillie Lodges has acquired a majority share in Chile’s esteemed Tierra Hotels (“Tierra”), whose intimate collection includes experiential luxury lodges in three of South America’s most extraordinary wilderness destinations.
Hotel DeBrett business in Auckland CBD sold through Bayleys Real Estate
The business interest of the Hotel DeBrett sold to Habitat Hotels & Apartments by Gordon McGregor of Bayleys Real Estate. Due to settle in September this year Hotel DeBrett will join Ohtel group under a “sister” brand which has hotels in both Wellington and Auckland. Mr McGregor said the...
HPI & AVC exit the Lord Stanley sold off market by JLL
The freehold going concern of the Lord Stanley Hotel East Brisbane sold by JLL Hotels & Hospitality Group Senior Vice President Tom Gleeson. The Lord Stanley Hotel sold to Hakfoort Group off-market for $20m on behalf of Hotel Property Investments and Australian Venue Co.
Sunshine Coast smashes records with one Management Rights settling on average every 14 days in past financial year
ResortBrokers Sunshine Coast team has racked up $44 million in Management Rights’ sales in the area in the past financial year alone, including a number of high-profile record deals. Brokers Glenn Millar and Chenoa Daniel sold 26 Management Rights in the past year.