‘Hybrid’ tourism parcel sale sets benchmark in thriving Port Macquarie demand hotspot
Local development companies Lloyd Coastal Property and Bannister Constructions have sold the Palm Court Motor Inn, negotiated by James Carrick of national accommodation specialists, Resort Brokers Australia.
New owner toasts acquisition of North Sydney's Greenwood Hotel
The Balmain Pub Group (BPG) has sold its leasehold interest in the iconic Greenwood Hotel in North Sydney for just over $10 million to well-known Sydney hotelier Simon Tilley.
Singapore’s Royal Group sells InterContinental Sydney Double Bay
The sales process which was led by Craig Collins of JLL Hotels and Hospitality Group, and Richard Abbott of Holman Fenwick Willan concluded with Zobon Real Estate Group Co.Ltd and Shanghai United Real Estate Inc purchasing the luxury hotel for $140 million.
Crown Hotel in Surry Hills sold by Ray White Hotels and CBRE Hotels
Andrew Jolliffe of Ray White Hotels and Daniel Dragicevich of CBRE Hotels have sold the Crown Hotel in Sydney's inner city for $26.1 million, prior to the close of expressions of interest.
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.