After months of speculation, one of China's biggest property developers has announced it will sell of its flagship Australian property assets in the Gold Coast and Sydney's Circular Quay.
After seven years of ownership, Pelathon has sold the leasehold of the popular Sydney pub to Universal Hotels in a deal negotiated by CBRE's Sam Handy and Daniel Dragicevich.
Feros Group cashes in on the Rocksia Hotel for $36m
CBRE Hotels has sold the landmark Arncliffe property which was converted into a large format suburban hotel some ten years ago by Nick and Chris Feros, to Oscars Hotels, headed by brothers Bill and Mario Gravanis.
Justin Hemmes led Merivale buys another Sydney Eastern Suburbs hotel
Iconic Sydney freehold hotels continue to trade with the sale of the Eastern Suburbs' Hotel Centennial to the Justin Hemmes led Merivale juggernaut by Ray White's Asia Pacific Director of Hotels Andrew Jolliffe.
Top Ray White agent Andrew Jolliffe of Ray White Hotels Australia is pleased to announce the sale of The Republic Hotel located on the cnr of Pitt and Bridge Sts in Sydney's CBD.
The large format Vic on the Park Pub has sold in Sydney's Inner West suburb of Marrickville by Andrew Jolliffe of Ray White Hotels and Daniel Dragicevich of CBRE Hotels to Merivale CEO Justin Hemmes.
The sale of the freehold interest in 'The Cloey' is rumoured to be worth nearly $34 million which represents a circa 5% yield, a record for large hotel investment properties in deal brokered by JLL National Director John Musca and Colliers International Director Miron Solomons.
The beachfront hotel in Byron Bay, also known as the Top Pub, owned by businessman Max Trigg has sold for $70 million to the Liberman-family backed Impact Investment Group in an off-market deal brokered by CBRE's Wayne Bunz and Daniel Dragicevich.
Following multiple large format hotel sales in 2017, Andrew Jolliffe, Asia Pacific Director of Hotels at the Ray White Group, has announced the sale of the Allawah Hotel in Sydney’s South West on behalf of JDA hotels for approximately $30m.
