Queensland island property sold for circa $3 million by ResortBrokers
The freehold and leasehold interest to Castaways on Moreton sold by ResortBrokers Director Alex Cook and Gold Coast Broker Steve Campbell. The resort in Bulwer on Moreton Island – the world’s third largest sand island sold for $3million.
Wollongong’s Five Islands Hotel sold to Endeavour Hotels by HTL Property
Owned by the Ludlow Hospitality Fund, founded by hotelier Paddy Coughlan; the refurbished Wollongong hotel sold to Mark Kennedy Endeavour Hotels by HTL’s Sam Handy, Dan Dragicevich and Andrew Jolliffe.
Baycrest Thermal Lodge Lake Taupo sold - Bayleys Real Estate
Baycrest Thermal Lodge freehold investment sold to an Auckland investor for $4,375,000 at a yield of 5.6% net through Bayleys Real Estate, New Zealand.
Mantra Quayside Port Macquarie sold circa $10 million by ResortBrokers
ResortBrokers Greg James and Trudy Crooks have sold Port Macquarie’s best property in a sale which demonstrates demand for east coast Australian properties continues to flourish. Northern New South Wales Broker Greg James says the circa-$10 million price tag of both the freehold and Management...
The Rydges Sydney Harbour hotel sold to Crystalbrook group circa $100m by Colliers
Crystalbrook’s CEO, Geoff York, said our group has been seeking a Sydney flagship property to complement our growing portfolio. The sale was negotiated by Colliers’ Gus Moors, Karen Wales and George Hudson.
Hotel Deal of the Year Awards Presented at HICAP ANZ
HICAP ANZ announced the winner of its prestigious Development of the Year and Transaction of the Year Awards on 2 September 2022, at the Sofitel Sydney Darling Harbour in Sydney, NSW, Australia.
Australia based Baillie Lodges Expands to South America with Acquisition of Chile’s Tierra Hotels
Australia-based boutique ultra-luxury hotel platform Baillie Lodges has acquired a majority share in Chile’s esteemed Tierra Hotels (“Tierra”), whose intimate collection includes experiential luxury lodges in three of South America’s most extraordinary wilderness destinations.
Sir Stamford Circular Quay hotel on Macquarie Street sold to JDH Capital for $210.5 m
In a deal via an exercisable option agreement with Singapore property tycoon CK Ow’s SGX-listed Stamford Land Corporation agreed at just over $2m per room and some $120.5m above valuation, JDH Capital have purchased the 105 room 5 star hotel recently planned for a $380m redevelopment near the...
