Skip Ribbon Commands
Skip to main content

Topics of interest

Five-star Marriott Portfolio: substantial offering attracts the attention of a worldwide audience.

​June 2012 - Targeting investors around the world, JLL Hotels & Hospitality Group harnessed their global footprint to secure the sale of the Sydney Harbour Marriott (563 rooms), Melbourne Marriott (186 rooms) and Brisbane Marriott (267 rooms) as a portfolio, on behalf of Colonial First State. 

The three recently refurbished five-star hotels, each located in prime CBD positions were personally presented by JLL core project team to target investors throughout Asia, USA, UAE and Australasia.

This integrated, worldwide marketing initiative gave rise to many competitive initial Expressions of Interest. The final outcome was the successful sale of the portfolio to Malaysian-listed Starhill REIT, which at the time represented the largest hotel transaction by total value to ever occur in Australia.

"This major investment of a new entrant into Australia’s hotel sector represents a huge vote of confidence in Australia’s hotel sector and its future growth prospects." Craig Collins, CEO - Australasia, Hotels & Hospitality Group. 

Related Topics of interest

 

 

What is a Buyers Advocate? Learn who we are, what we do and how we do it! /australia/en-au/case-studies/66/what-is-a-buyers-advocateWhat is a Buyers Advocate? Learn who we are, what we do and how we do it! We are your property buyers – that’s what we do – we act exclusively on your behalf to buy property for you; residential (owner occupier or investment), retail, commercial, property development, industrial or rural.
Buyers Advocacy Success Story: Margot/australia/en-au/case-studies/65/buyers-advocacy-success-story-qld-margotBuyers Advocacy Success Story: MargotFirst time investors from country New South Wales, with a love of the Northern Beaches. Being remotely located, they were unable to inspect properties personally.
Buyers Advocacy Success Story: Scott & Tracy/australia/en-au/case-studies/64/buyers-advocacy-success-story-qld-scott-tracyBuyers Advocacy Success Story: Scott & TracyFirst time investors who had been looking for “the one” for years. Geographically disposed and time poor professionals.