Naumi Hotels, the Singapore-based private hotel owner and operator is further increasing its presence in New Zealand with the purchase of two properties in a prime location in Wellington, New Zealand.
$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.
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.
Voted one of Australia's top hotels, the Emporium Hotel in Brisbane's Fortitude Valley has traded hands for about $40 million to Hong Kong-based boutique hotel chain Ovolo Hotels.
Brisbane's riverfront icon sold for the first time in 31 years
Melbourne-based Australian Venue Co, formerly known as the Dixon Hospitality group, has quietly purchased Friday's Riverside Bar for an undisclosed price.
Monsoons Darwin will change hands for the first time in 16 years with the off-market deal by Savills Hotels adding to the national portfolio of Australian Venue Co.