Salter Brothers shoots for ASX hotel listing
The Melbourne-based fund manager is planning a series of upgrades on key properties and hopes to build its portfolio into the largest hospitality vehicle in the Asia-Pacific.
The Melbourne-based fund manager is planning a series of upgrades on key properties and hopes to build its portfolio into the largest hospitality vehicle in the Asia-Pacific.
On the back of overwhelming demand from regular guests, Tasmania’s Federal Group is building new multi-generational villas on its six-star Saffire Freycinet resort at Coles Bay.
Just under $45m worth of luxury apartments in the Mayfair Bondi Beach apartment complex have recently changed hands, including the penthouse which has sold off the plan for just under $23m.
London-based Banda Property will design the interiors of a new apartment block in Sydney’s exclusive Darling Point.
The hotel purchase shows confidence in the hospitality sector is rising, as interest in the Queensland capital surges ahead of the 2032 Olympic Games.
State governments must secure more events to drive their economies, by boosting hotel industry, hospitality businesses and those in city centres, says Accor Pacific’s chief operating officer.
Pub baron Arthur Laundy spent Monday taking control of Sydney’s heritage-listed Lord Nelson Hotel, which he has acquired for just under $20m.
The sale by Canadian giant Brookfield puts the Sydney fun park under local control and the buyers have big plans to revitalise the faded icon.
The Gold Coast’s holiday playground of Chevron Island is undergoing a luxury real estate renaissance transforming the small neighbourhood in the middle of the Nerang River.
Mary Salteri, the cashed-up daughter of the late construction magnate Carlo Salteri, has forked out $30m for an off-the-plan apartment in Sydney’s One Circular Quay.
Original URL: https://www.theaustralian.com.au/author/lisa-allen/page/2