Melbourne Pullman Park Hotel sold to iProsperity Group
iProsperity Group has announced the exchange of the five-star, 419-room Pullman Park Hotel opposite the MCG, which was being marketed for sale by JLL Hotels and McVay Real Estate.
BPM Flinders Lane Melbourne hotel project sold to InterGlobe for $91 million
BPM’s 241-room DA approved Flinders Lane hotel in Melbourne has sold and settled to global investment fund, InterGlobe for $91.3 million - which will be managed by Toga Far East under the Quincy hotel brand.
Yarraville's Commercial Hotel, overlooking the Maribyrnong River in Melbourne’s West, has sold to a local value-add investor who plans to refurbish and reopen the pub which closed earlier this year.
The Retreat Hotel, best known for its appearance in the 1970’s television series The Sullivans, has sold at auction to a local pub owner Bill Toohey, who's now looking to re-lease the hotel to an experienced operator.
Veriu expands to Melbourne with acquisition of Punthill Apartment Hotel Group
Having successfully established a Sydney network of bespoke hotels and suites, Veriu is set to expand interstate with the acquisition of 13 hotels under the well-known Punthill Apartment Hotel brand.
The popular East Brunswick Hotel sold at auction for $4.4 million
The under the hammer sale of Melbourne's East Brunswick Hotel has capped off an extremely boisterous end to 2017 for Melbourne pub sales, says brokering agent Will Connolly of CBRE.
Melbourne's BMW dealership sold in $100 million deal
It is the biggest development site deal in central Melbourne this year, Malaysian-backed developer Beulah International has purchased the BMW site on the fringe of Melbourne CBD in a $101,008,888 deal.