Melbourne property developer Steller buys former Greyhound Hotel for $7.5 million
The site of St Kilda’s iconic former Greyhound Hotel sold for $7.5 million in a deal brokered by Savills Clinton Baxter, Jesse Radisich and Nick Peden following the hotel's controversial demolition earlier this year.
Top Ray White agent Andrew Jolliffe of Ray White Hotels Australia is pleased to announce the sale of The Republic Hotel located on the cnr of Pitt and Bridge Sts in Sydney's CBD.
SkyCity buys majority interest in Auckland's AA Building for $47 million
The AA Centre at 99 Albert Street, Auckland will become apart of SkyCity's intention to consolidate control over its Auckland precinct as part of the Auckland master planning being undertaken.
The large format Vic on the Park Pub has sold in Sydney's Inner West suburb of Marrickville by Andrew Jolliffe of Ray White Hotels and Daniel Dragicevich of CBRE Hotels to Merivale CEO Justin Hemmes.
Gaw Capital's $340 million purchase of The Standard Hotel NYC
In one of the largest single-asset New York City hotel deals of the year, Hong Kong private equity fund Gaw Capital is obtaining a $170 million loan from French Bank, Natixis, to provide a 10-year acquisition loan for The Standard Hotel in New York City.
Brisbane's Plough Inn South Bank pub sold for over $13 million
The iconic Plough Inn hotel sold in Brisbane’s premier South Bank tourist precinct in a deal brokered by Brent McCarthy and Joseph Ganim of Savills Hotels which required Ministerial Approval and the approval of South Bank Corporation to Eumundi Group Limited which has purchased the 96 year head...
Crystalbrook Collection purchases Port Douglas’ Reef Marina
Australian tourism and hospitality group, Crystalbrook Collection, has announced its acquisition of The Reef Marina in Port Douglas, which is now to be known as Crystalbrook Superyacht Marina, and its intention to invest a further $100+ million into the Marina.
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.
The sale of the freehold interest in 'The Cloey' is rumoured to be worth nearly $34 million which represents a circa 5% yield, a record for large hotel investment properties in deal brokered by JLL National Director John Musca and Colliers International Director Miron Solomons.