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.
Freehold of Quest Chermside sold to Queensland based hotel group by CBRE Hotels agents Hayley Manvell and Wayne Bunz.The hotel Quest Hotel sold subject to a long term lease to a Quest franchisee, with options through to 2038.
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.
HTL Property Confirms Two Further Significant National Pub Sales
HTL Property has today announced the off-market sale of two Redcape Hotel Group (Redcape) properties including the Shafston Hotel Brisbane and Central Hotel Shellharbour NSW. The sale of the Shafston Hotel and the Central Hotel was brokered exclusively by HTL Directors Andrew Jolliffe and Dan...
Redcape Hotels's Iconic Aspley Hotel Brisbane sold in an off-market transaction at a price believed to be circa $10.5m. It is understood Savills, Tony Bargwanna also introduced a party which led to a transaction together with HTL's Andrew Jolliffe and JLL's Tom Gleeson for The Grove Hotel on...
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.
Iconic Sydney CBD hotel The Republic sold for circa $40m - JLL & Savills
A trophy pub Sydney CBD, sold for circa $40m with the selling agents, JLL Hotels & Hospitality Group and Savills Australia & New Zealand describing the sale as one of the most significant pub sales thus far in 2023.