The Erdi Group has quietly acquired a Fitzroy Street property next door to the the Rydges hotel it is planning to convert into a funky new QT Hotel.
City Tattersalls Club,one of the largest and oldest clubs in Sydney,has been given the green light to proceed with the plans for a $200-million mixed-use tower.
Private equity-backed pub group Australian Venue Co will add Melbourne’s historic Sarah Sands Hotel to its growing list of venues.
Work on redeveloping Sorrento’s historic Continental Hotel may start again early next year.
The implosion of developer Steller has claimed it highest profile victim with hotelier Julian Gerner selling Sorrento’s iconic Continental Hotel midway through its reconstruction.
Quest will expand its footprint to 10,000 beds when it opens the latest serviced apartments project at the Yuhu-owned 221 Miller Street development in North Sydney.
Sydney leads the way in a financial year that saw $860.56 million worth of assets change hands in NSW across 66 transactions.
After close to two years,the investors have won a landmark court case to compulsorily acquire tenants'strata units in a 119-room hotel they bought.
Developer and theatre owner David Marriner wins planning approval to reopen the popular Bennetts Lane Jazz Club.
Boutique and lifestyle hotels that offer experiences,not just a bed and bathroom,are in high demand from investors.
Two major development sites along Sydney's revamped George Street are on the market and have a combined value of about $170 million.