Abode Hotel and Apartments Canberra sold for $41.5m - CBRE
Canberra’s Abode Hotel and Apartments sold for $41.5 million to boutique funds management company Serene Capital through CBRE’s Michael Simpson, Vasso Zographou and Tristan Cotchett.
The Tourist Hotel Queanbeyan sold off market to a highly regarded Maitland based publican negotiated by HTL Property Director Blake Edwards and National Director Dan Dragicevich.
New Sebel Canberra hotel sold to German fund manager for $48 million
A global real estate investment manager and Pro-Invest Group have signed contracts to acquire the brand new Sebel Canberra Hotel in a $48 million off-market deal brokered through JLL Hotels & Hospitality Group Managing Director Mark Durran.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
New luxury hotel for Canberra's historic West Block buildings
The historic West Block buildings in front of new Parliament House will be restored and re-purposed to a magnificent luxury hotel following Geocon’s $6.25 million acquisition of the site from the Commonwealth.
Canberra CBD's new $100 million hotel opening in 2020
Geocon and Abode Groups announcement on Canberra’s first luxury hotel in the CBD comes after the acquisition of the Garema Centre, sold by Matthew Winter of Colliers International.
Clifton Suites on Northbourne changes hands in off-market sale concluded by Mark Durran, Managing Director – Investment Sales, Australasia, JLL Hotels & Hospitality Group.