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Hotels

Hotels News Queensland Residential 

Receivers sell ‘Big Thing’ tourist attraction

March 30, 2024March 30, 2024 Marc Pallisco

Receivers have sold one of Australia’s ‘Big Thing’ tourist attractions – at Normanton, in Queensland’s Carpentaria – to a NDIS-approved

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Hotels News Residential Victoria 

Gurner plots two more inner city Melbourne projects

March 20, 2024March 20, 2024 Marc Pallisco

Gurner has unveiled plans to replace two inner city sites where former developers failed. In Docklands, the parcel for years

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Hotels National News Residential 

Pro-invest enters Australian co-living sector

March 1, 2024March 1, 2024 Marc Pallisco

Pro-invest Group will enter the co-living sector with a structure also including hospitality, arguably targeting wealthier occupants. The Flexible Living

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Essential services Hotels News Residential Retail Victoria 

Landlord lists Brighton pub after major development windfall

February 28, 2024March 4, 2024 Marc Pallisco

The former Marine Hotel – which following a surprise lease break late in 2023, became a rare major development site in ritzy

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Hotels New South Wales News 

Icon spends $66m on ex-Universal Film studio

February 22, 2024February 23, 2024 Marc Pallisco

Icon Oceania with Icon Developments have outlaid $66 million for Sydney’s RCA House, also once the Universal Film studio. The

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Hotels News Retail Victoria 

Wyndham council buys, lists historic Werribee buildings

February 8, 2024February 8, 2024 Marc Pallisco

Wyndham City Council has bought a historic Werribee theatre for community use and listed for sale a pub investment around

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Hotels News Victoria 

MA Financial seeds fund with $96m Melbourne hotel

February 5, 2024February 7, 2024 Marc Pallisco

MA Financial has snapped up the six year old Four Points by Sheraton Melbourne, in Docklands, to seed the Accommodation

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Hotels News Queensland 

NRL scores another hotel

January 29, 2024January 30, 2024 Marc Pallisco

The Australian Rugby League Commission has bought its third hotel in 18 months – this time on the Sunshine Coast.

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Hotels New South Wales News 

Short family sells South West Rocks pub

November 23, 2023November 23, 2023 Marc Pallisco

Paul Hunter has added to his book of regional pubs, snapping up South West Rocks’ Seabreeze Hotel from the Short

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Hotels New South Wales News 

Redcape divests three more pubs

November 21, 2023November 22, 2023 Marc Pallisco

MA Financial managed Redcape has sold three more hotels, realising a total of over $86 million. In the priciest deal,

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Hotels News Victoria 

Prime 12 Apostles site sold for resort

November 15, 2023November 15, 2023 Marc Pallisco

After obtaining a permit for a luxury hot springs resort, developers Don Musto, Dug Pomeroy and Peter Quattro have sold

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Hotels New South Wales News 

Hong Kong family spends $109m on Sydney hotels

November 15, 2023November 15, 2023 Marc Pallisco

CapitaLand Ascott Trust has sold hotels in Sydney’s North Ryde and Parramatta. The $109 million deal to the Hong Kong

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Hotels New South Wales News 

Developers buy InterContinental Double Bay

October 16, 2023March 27, 2024 Marc Pallisco

A consortium comprising local investor Mervyn Basserabie, Allen Linz, director of Rebel Property Group and Capit.el Group’s Eduard Litver, have

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Hotels News Queensland 

Comiskey Group buy hinterland pub, accommodation

October 11, 2023October 11, 2023 Marc Pallisco

The Comiskey Group has snared Eumundi’s historic Imperial Hotel and neighbouring HOLA boutique accommodation complex for a speculated price of

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Hotels New South Wales News 

Dore sells Stanmore’s Salisbury

October 10, 2023October 11, 2023 Marc Pallisco

Ged Dore and his wife Trish Larkin have sold Stanmore’s Salisbury Hotel after nearly a decade. The pair are banking

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Hotels News Victoria 

Melbourne chosen for Australia’s first Hyatt House

October 5, 2023October 5, 2023 Marc Pallisco

Australia’s first Hyatt House will open on the lower four levels of a 19 storey building under construction on Kings

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Hotels News South Australia 

Former Barossa Valley school sells for accommodation

October 4, 2023October 4, 2023 Marc Pallisco

The former Marananga Primary School, in the heart of South Australia’s Barossa Valley, has sold for $800,000 to a developer

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Hotels News South Australia 

Fund manager swoops on TV’s ‘Drover’s Run’

October 3, 2023October 3, 2023 Marc Pallisco

Salter Brothers has snapped up the 91 hectare Kingsford The Barossa estate once owned by Channel Nine and used as

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Hotels News Office Victoria 

Salter proposes skyscraper over historic Collins Street buildings

September 27, 2023September 28, 2023 Marc Pallisco

Salter Brothers is planning a 32 storey skyscraper (artist’s impression, right) above an InterContinental neighbouring Rialto Towers. The fund manager

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Hotels New South Wales News 

Virtical snares Darlinghurst pubs for a discount

September 22, 2023September 23, 2023 Marc Pallisco

MA Financial has made a loss divesting adjoining Darlinghurst pubs bought in late 2020 – ahead of what was a

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Hotels New South Wales News 

NRL buys another hotel

September 14, 2023September 14, 2023 Marc Pallisco

Fourteen months after buying Brisbane’s Gambaro Hotel, the Australian Rugby League Commission has secured a Quest hotel, under construction in Sydney’s

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Hotels News Queensland 

Tilley & Wills invest again in Brisbane

September 9, 2023September 9, 2023 Marc Pallisco

Simon Tilley and Nick Wills have secured a second Queensland investment in three years – again choosing Brisbane’s inner city.

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Hotels News Victoria 

Historic Warrnambool pub trades off-market

September 6, 2023September 6, 2023 Marc Pallisco

EXCLUSIVE The Whalers Hotel in Warrnambool has quietly sold to Melbourne based Cook, Beaumont & Partners, or CB Partners, which

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Hotels New South Wales News 

Well Smart buys permit-ready Sydney site

August 31, 2023August 31, 2023 Marc Pallisco

Well Smart is speculated to be buying a Sydney site permit ready for a hotel – outlaying c$110 million. Backed

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Hotels News Queensland 

Star Hotels snares two assets from Redcape

August 30, 2023August 31, 2023 Marc Pallisco

Redcape Hotel Group has sold two of three Queensland pubs listed from July, when manager MA Financial announced it would

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Hotels News Queensland 

Mulpha picks up Port Douglas hotel

August 25, 2023August 25, 2023 Marc Pallisco

Mulpha is believed to be buying Port Douglas’ Sheraton Grand Mirage, developed by Christopher Skase in 1987. The Malaysia based

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Hotels News Queensland 

Invictus boosts Australian hotel portfolio

August 23, 2023August 24, 2023 Marc Pallisco

Nine months after entering the Australian market with plans to build a c$500 million hospitality portfolio, Singapore’s Invictus Developments, backed

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Hotels New South Wales News 

Virtical snares hotel in ‘the Mayfair of Sydney’

August 22, 2023August 22, 2023 Marc Pallisco

Diversified developer and investor, Virtical, has bought its second east coast hospitality asset this year. Led by Mark Toma, the

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Hotels News Office Residential Victoria 

Demolition plan back on agenda for century old Melbourne building

August 16, 2023August 16, 2023 Marc Pallisco

Roxy Pacific has listed the city’s Melbourne House, which turns a century this year, after deciding against plans to replace

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Hotels News Retail Victoria 

Justin Hemmes secures another historic Melbourne building

August 14, 2023August 16, 2023 Marc Pallisco

Justin Hemmes’ Merivale has quietly picked up a Harry Norris designed Art Deco – Kantay House (pictured, top) – in

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Hotels News Victoria 

Hotelier books into 62 storey Southbank skyscraper

August 10, 2023August 10, 2023 Marc Pallisco

TFE Hotels – co-owned by the Vidor family’s TOGA Hotels and Singapore’s Far East Orchard Limited – will open a

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A.C.T. Hotels News 

Shakespeare checks out of Canberra hotel

August 3, 2023August 4, 2023 Marc Pallisco

Sydney based fund manager Serene Capital has snapped up an office converted hotel, five kilometres south of Canberra’s parliamentary precinct

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Hotels News Office Residential Victoria 

Ex-Goldfingers for sale with skyscraper permit

July 15, 2023July 16, 2023 Marc Pallisco

Hickory is seeking a development partner – or site buyer – to replace a collection of blocks including the Kilkenny

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Hotels News Victoria Western Australia 

Far East Consortium list Ritz-Carlton portfolio

July 12, 2023July 13, 2023 Marc Pallisco

Far East Consortium is capitalising on post-COVID demand for Australian hotel investments, listing Ritz-Carltons in Melbourne and Perth. The Hong

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Hotels News South Australia 

Salter settles on maiden SA asset

July 12, 2023July 12, 2023 Marc Pallisco

Acquisitive Melbourne based fund manager Salter Brothers has settled on its $154 million purchase of Adelaide’s Sofitel – its first

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Hotels News Victoria 

Singapore groups trade Australia’s first dual-branded high rise hotel

July 6, 2023August 31, 2023 Marc Pallisco

The Jia family’s Well Smart Investments has sold the dual branded hotel it completed four years ago after in 2017

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Hotels New South Wales News 

Elanor swoops on another NSW resort

June 29, 2023June 29, 2023 Marc Pallisco

Elanor Investors Group has added a Blue Mountains guesthouse and function centre to its two year old Hotel Accommodation Fund

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Hotels News Residential Victoria 

Lee family sell Brighton Savoy after 56 years

June 28, 2023June 30, 2023 Marc Pallisco

Primeland has bought the waterfront Brighton Savoy with plans for a $120 million luxury apartment and townhouse project. The developer

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Hotels National News Spotlight 

Boutique hotels outpace larger, international rivals: CBRE

June 28, 2023June 28, 2023 CBRE

A travel evolution sparked by the pandemic is driving the growth of Australia’s boutique hotel market, amid heightened demand for

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Hotels News Western Australia 

Woolworths offers historic Nedlands hotel for lease

June 21, 2023June 21, 2023 Marc Pallisco

Woolworths is offering Nedlands’ historic Captain Stirling hotel for lease, four months after winning a planning battle to develop the

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Essential services Hotels News Victoria 

Melbourne Symphony Orchestra quietly secures Arts precinct site

June 16, 2023June 23, 2023 Marc Pallisco

EXCLUSIVE The Melbourne Symphony Orchestra has quietly snapped up a prominent site in the heart of Southbank’s Arts precinct until

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Hotels News Victoria 

Endeavour seeks to buy landmark Mornington Peninsula pub

June 15, 2023June 16, 2023 Marc Pallisco

Endeavour Group is seeking to buy the Rye Hotel and adjoining bottle shop for more than $50 million. The off-market

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Hotels New South Wales News 

Erskineville’s Imperial Hotel sold

June 12, 2023June 13, 2023 Marc Pallisco

Erskineville’s Imperial Hotel – for over four decades one of Sydney’s most popular LGBTQIA+ pubs, also featuring in 1994 film

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Hotels News Victoria 

Sam Arnaout offers Melbourne hotel portfolio

June 6, 2023June 7, 2023 Marc Pallisco

Iris Capital owner Sam Arnaout has listed three Melbourne hotels acquired in late 2020 as part of a $180 million

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Hotels News Queensland 

Resort built by Christopher Skase fetches $192m

June 1, 2023June 26, 2023 Marc Pallisco

Arthur Laundy and the Karedis family have bought the Gold Coast’s Sheraton Grand Mirage, developed in the 1980s by late

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Hotels News Victoria 

Adelphi hotel sold

May 29, 2023June 4, 2023 Marc Pallisco

One of Melbourne’s earliest boutique hotel conversions – the Adelphi at 187 Flinders Lane – has sold to Mark Toma’s

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Hotels News Office Residential Victoria 

Danny Avidan lists permit-ready Fitzroy site

May 28, 2023May 30, 2023 Marc Pallisco

Dare Property Group is selling a Fitzroy site permit-ready for a six storey building. The Sydney based developer, led by

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Hotels New South Wales News 

Nick Quinn snares the Bull ‘n’ Bush

May 24, 2023May 25, 2023 Marc Pallisco

Nick Quinn, on behalf of a syndicate, has secured another regional New South Wales pub – this time at Medowie,

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Hotels News Western Australia 

Grain co-op secures WA motel

May 24, 2023May 24, 2023 Marc Pallisco

Grain growing co-operative CBH Group has purchased the Geraldton Motor Inn, part for employees and contractors who would otherwise find

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Hotels New South Wales News 

Salter Brothers pick up another boutique hotel portfolio

May 18, 2023May 18, 2023 Marc Pallisco

Salter Brothers has purchased five boutique hotels in the Blue Mountains and Hunter Valley from operator the Escarpment Group. On

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Hotels News Victoria 

Accor signs up to Box Hill tower

May 17, 2023May 17, 2023 Marc Pallisco

Accor, for its Novotel arm, has committed to a hotel under construction at Box Hill. The group expects to start

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Hotels New South Wales News Retail 

Publican beats developers for Engadine hotel, shops

May 17, 2023May 17, 2023 Marc Pallisco

A consortium comprising property investor Tony Denny, Peter Ashelford. David Stone and Gavin Duffy has sold the Engadine Tavern and

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Hotels News Queensland Residential 

Harry Triguboff secures ‘best site in Brisbane’

May 9, 2023May 10, 2023 Marc Pallisco

Harry Triguboff has snapped up Brisbane’s spectacularly located The Gardens complex with plans for two build to sell residential towers

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Hotels New South Wales News 

Glenn Piper buys the Commodore

May 4, 2023May 4, 2023 Marc Pallisco

Glenn Piper has quietly added McMahons Point’s Commodore Hotel to his fast-growing portfolio. The real estate agent and developer turned

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Hotels News Retail South Australia 

Coles sell pub, shops to fund manager

May 1, 2023May 1, 2023 Marc Pallisco

Coles has sold Adelaide’s historic Hamstead Hotel and six neighbouring shops, one standalone, leased to First Choice Liquor, to fund

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Hotels News Office Queensland Residential Retail 

Kokoda picks up riverfront block for $1.75b project

May 1, 2023May 1, 2023 Marc Pallisco

Kokoda Property has bought the Riverside Coal Transport Company headquarters at Teneriffe – Brisbane’s priciest suburb – for a $1.75

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Hotels News Victoria 

Carlton hotel collects $17.4m

April 29, 2023May 2, 2023 Marc Pallisco

A China based operator has picked up Carlton’s vacant Lygon Lodge serviced apartment complex. The five storey venue with 60

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Hotels News Residential Victoria 

Eden on the Park sold for BTR project

April 21, 2023April 26, 2023 Marc Pallisco

Home – the Build to Rent platform established by Daniel Grollo Group and backed by Singapore sovereign wealth fund GIC

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Hotels News Queensland 

Lindeman Island sold at a loss

April 18, 2023April 18, 2023 Marc Pallisco

Well Smart Group has picked up Queensland’s Lindeman Island with plans to refurbish and reopen the former Club Med as

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Hotels New South Wales News 

Salter Brothers buy historic Southern Highlands estate

April 2, 2023April 2, 2023 Marc Pallisco

Melbourne based fund manager Salter Brothers has acquired another venue for its portfolio of luxury regional retreats. The Milton Park

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Hotels News South Australia 

Greg Maitland lists another Adelaide pub

March 27, 2023March 27, 2023 Marc Pallisco

Greg Maitland is continuing to reweigh his Adelaide pub portfolio offering the historic Republic Norwood freehold, in the inner east.

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Hotels News Queensland 

Sofitel Brisbane Central fetches $178m

March 23, 2023March 30, 2023 Marc Pallisco

Brookfield has sold Sofitel Brisbane Central on its second attempt. The 5-star hotel is trading to a 50:50 partnership comprising

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Hotels News South Australia 

Salter Brothers behind Adelaide hotel deal

March 23, 2023March 23, 2023 Marc Pallisco

Salter Brothers is speculated to be paying c$150 million for the first 5-star hotel developed in Adelaide for 33 years.

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Hotels News Queensland 

Karim family snap up another east coast hotel

March 20, 2023March 20, 2023 Marc Pallisco

Indonesia’s Karim family is a step closer to achieving its goal to establish a half a billion dollar east coast

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Essential services Hotels Land News Office Retail Victoria 

Cushman & Wakefield establish Victorian investment sales team Melbco

March 8, 2023March 9, 2023 Marc Pallisco

The fourth quarter of the calendar year is traditionally the busiest for commercial real estate staff changes but few could

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Hotels New South Wales News 

Ned Kelly doubles money at Weston

March 9, 2023March 9, 2023 Marc Pallisco

Ned Kelly and Corey Dunn have offloaded Weston’s Criterion Hotel for a major profit after 26 months. The yellow corner

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Hotels News Victoria 

Pro-invest spends $72m on Flinders Lane

March 5, 2023March 6, 2023 Marc Pallisco

Pro-invest has acquired a prominent hotel diagonally adjacent to Southern Cross station. The Sydney based investment house is paying $72

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Hotels New South Wales News 

Australia’s first Soho House set for Sydney

February 27, 2023August 28, 2023 Marc Pallisco

NB: this proposal was rejected by the City of Sydney in August, 2023. Protestors included Toga, which would lose Opera

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Hotels New South Wales News 

Marlow divests Orange pub for record price

February 27, 2023February 28, 2023 Marc Pallisco

Marlow Hotel Group has sold Orange’s Robin Hood Hotel for $51 million – an extraordinary 268 per cent premium on

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Hotels New South Wales News 

Movie producer buys Neutral Bay’s The Oaks

February 24, 2023March 25, 2023 Marc Pallisco

Two time Academy Award nominated producer Doug Mitchell in a syndicate also understood to include chef Rick Stein, is speculated

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Hotels New South Wales News 

Jerry Schwartz locks EVT to Hunter Valley resort

February 26, 2023February 26, 2023 Marc Pallisco

Jerry Schwartz has chosen EVT to run a 130 hectare accommodation venue opposite Cessnock Airport, in Lovedale. The appointment comes

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Hotels News South Australia 

Fortitude concludes pub portfolio sale

February 19, 2023March 27, 2023 Marc Pallisco

Fortitude Investment Partners, with brands including Aquila shoes, Birch & Waite mayonnaise and text book producer Origo Education, has sold

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Hotels News Victoria 

Resort earmarked for piece of Isle of Wight site

February 16, 2023March 1, 2023 Marc Pallisco

The consortium which picked up the waterfront Cowes site that for decades accommodated the Isle of Wight, has unveiled details

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Hotels New South Wales News Office Residential 

Crows Nest overstation development tender awarded

February 14, 2023February 14, 2023 Marc Pallisco

Sydney Metro and the state government have awarded Third.i and Hong Kong’s Phoenix Property Investors the tender to develop apartments,

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Hotels News Residential Tasmania 

Pringles importer to repurpose historic general store

February 7, 2023February 8, 2023 Marc Pallisco

Andrew McCullagh – who introduced Pringles to Australia – has applied to repurpose Swansea’s historic Morris’ General Store as a

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Hotels New South Wales News 

Laundy family outlays $150m for NSW pubs, farm

February 6, 2023February 7, 2023 Marc Pallisco

The Laundy family is paying business partner Fraser Short about $150 million for the 50 per cent interest it didn’t

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Hotels News Queensland 

Quinn Hotels ventures to Queensland

February 3, 2023February 3, 2023 Marc Pallisco

Quinn Hotels has purchased its first Queensland venue – the leasehold to West End’s Archive Beer Boutique – outlaying a

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Hotels News Retail South Australia 

Charter Hall snares two pubs, bottle shops

January 30, 2023January 31, 2023 Marc Pallisco

Charter Hall has added two north east Adelaide pubs to its book. In Highbury and Golden Grove, the assets are

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Hotels New South Wales News 

Glebe’s Ancient Briton sold after 25 years

January 31, 2023January 31, 2023 Marc Pallisco

Marc De Angelis – the nephew of pub baron Arthur Laundy – and his wife Meg have picked up Glebe’s

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Hotels News Victoria 

New Mercure sells at 5 per cent yield

January 30, 2023January 31, 2023 Marc Pallisco

Another Mercure backed hotel has sold, this time in the south east Melbourne growth corridor of Pakenham. The four month

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