Local Private Developers Pay $44 Million For Perth’s Holiday Inn City Centre

LOCAL private investors and developers George Atzemis and Constantine Berbatis have been revealed as the buyers to pay Eureka Funds Management $44 million for the Perth’s Holiday Inn City Centre.

The 181-room, 4.5 star hotel is expected to be refurbished.

“We believe the performance f the Holiday Inn in 2008 and 2009 makes it the cream of accommodation hotels in Australia,” Mr Aztzemis told the AFR.

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