Peppers Kings Square in Perth sold $26 million - CBRE
Singapore investment and asset management company High Street Holdings (HSH) has added another Australian hotel to its fast-growing global portfolio with the purchase of Peppers Kings Square in Perth for circa $26 million.
Guests are willing to pay up to a 30% premium for Lifestyle Hotels, says CBRE
When selecting hotels, guests show they would be willing to pay on average a 16% premium for a lifestyle property over a traditional one, with some guests willing to pay up to 30% more, latest CBRE research finds.
One of Australia’s favourite caravan parks sold $27.5m - CBRE
G & R Kratzmann Property Investments has acquired one of the nation’s favourite caravan parks, as demand for regional Queensland leisure assets goes from strength to strength.