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Stockland recruits Lendlease veteran Tarun Gupta as new CEO
News
Stockland recruits Lendlease veteran Tarun Gupta as new CEO
Stockland, the country’s largest listed residential developer, has tapped senior Lendlease executive Tarun Gupta to lead the company, with the outsider tipped to shake up its direction, prompting investors to nudge its shares higher.
QLD ice-skating rink sold, eventually set for warehouse development
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QLD ice-skating rink sold, eventually set for warehouse development
A Queensland developer has paid $2.8 million for a Gold Coast ice-skating venue with plans to eventually turn the site into an upscale warehouse development.
Merivale Group adds The DOG to its Sydney pub holdings
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Merivale Group adds The DOG to its Sydney pub holdings
Hotelier Justin Hemmes’ Merivale Group has paid about $32 million for Randwick’s the Duke of Gloucester Hotel, known as The DOG.
Shopping centres are upping the ante to lure shoppers in store this Christmas
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Shopping centres are upping the ante to lure shoppers in store this Christmas
Shopping centres across the country are using high-tech and luxury services to entice shoppers back into retail stores this Christmas.
Sydney publican snares Accor portfolio in $180m hotel deal of the year
Buying & Selling
Sydney publican snares Accor portfolio in $180m hotel deal of the year
Sydney publican Sam Arnaout of Iris Capital has snared the biggest hotel deal of the year paying around $180m for 17 hotels.
Upmarket Movenpick hotel for Hobart as travel industry picks up
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Upmarket Movenpick hotel for Hobart as travel industry picks up
Swiss hospitality brand Movenpick and Singaporean hospitality group Global Premium Hotels have signed a hotel management agreement to open Australia’s first Movenpick hotel from mid-January.
No divine inspiration needed as Sydney church site sells above reserve
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No divine inspiration needed as Sydney church site sells above reserve
A church site has sold for a record price to a temple group that outbid other religious organisations, developers and industrial occupiers vying for the western Sydney property.
Green Park Hotel sells to St Vincent’s Hospital with plans for a mental health clinic
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Green Park Hotel sells to St Vincent’s Hospital with plans for a mental health clinic
The iconic Green Park Hotel in Darlinghurst has been snapped up by St Vincent’s Hospital, with big plans in the works for the 127-year-old pub.
Moelis Australia pays $22m for Courthouse Hotel on Oxford Street
News
Moelis Australia pays $22m for Courthouse Hotel on Oxford Street
An equity firm behind the $100m sale of the Byron Bay Hotel last year has purchased one of the most recognisable pubs in Sydney in a secret off-market deal.
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