AccorInvest is selling a portfolio of 23 Australian hotels, its entire local real estate holdings, for more than $300 million in one of the biggest-ever hotel portfolio offerings of its kind.
The predominantly freehold portfolio of economy-style hotels comprises over 3000 rooms spread across the major capital cities and regional areas and managed by Accor on long-term agreements.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
