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New South Wales 

GPT Sells Four Points by Sheraton For $185 Million

October 26, 2009 Marc Pallisco GPT, hotel, institution, international investor, tourist accommodation

GPT will invest $5 million in capital expenditure works, according to the AFR, which will mean it avoids a bigger $30 million plan to revamp the hotel.

GPT is also trying to sell its Ayers Rock Resort for about $300 million, and the Brampton Island Resort.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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