General
The biggest hotel sale of the year
The 99-year leasehold of the Hilton Melbourne South Wharf has been sold.
In the biggest hotel sale of the year, the 99-year leasehold of the Hilton Melbourne South Wharf has been sold for $230 million.
The hotel was sold by HHR Conventions, partly owned by NY listed entity, REIT Host Hotels and partly owned by property developer, Plenary. The purchaser was Singapore-based, UOL Group, a public-listed property company involved in the development of residential units, office towers,…
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