ALH leased Sunshine Coast hotel investment sold by CBRE
Alexandra Headland’s Alex Hotel sold to Sydney-based family for $11 million on a yield of 6.19%. The beachfront hotel leased to Australian Leisure and Hospitality Group (ALH) sold by CBRE’s Louisa Blennerhassett, Rem Rafter and Paul Fraser who brokered the transaction on behalf of a Melbourne...
Brisbane’s West End landmark The Montague Hotel sold by CBRE
Brisbane’s landmark The Montague Hotel sold to family-owned hospitality group by CBRE Hotels’ Senior Director Paul Fraser. The Brisbane hotel sold as a Freehold Going Concern interest, which adds to the Brisbane-based buyer’s portfolio of Queensland pubs.
Grand Hotel Bundaberg for sale via mortgagee in possession by CBRE Hotels
The historic Grand Hotel in the Bundaberg CBD for sale via the mortgagee in possession amid a period of strong population growth. The Grand Hotel for sale by CBRE Hotel’s Paul Fraser and Power Jeffrey & Co’s Andy Nason.
Iconic Brisbane pub The Normanby Hotel sold by CBRE Hotels
Queensland publican Jaz Mooney of Middle Head Ventures Normanby Hotel sold to locally based Ingham-Myers Hotels for $15 million. The iconic Brisbane pub sold by CBRE’s Paul Fraser.
Hotel Expert Damian Kelly Joins CBRE National Pubs Team
CBRE Hotels Managing Director Michael Simpson said, Damian Kelly’s intimate knowledge of pub operations and the industry positions him to strengthen both our NSW team and our national platform.
Commercial Hotel Redbank sold to new independent pub venture led by Peter Filipovic and Patrick Ryan negotiated by CBRE
New independent pub venture led by former Carlton & United Breweries CEO Peter Filipovic and Patrick Ryan of Ryan’s Hotel Group has finalised its maiden acquisition. The duo acquired the freehold going concern interest in the Commercial Hotel at Redbank following an off-market campaign...