Skip Ribbon Commands
Skip to main content

Topics of interest

Milestone Australian hotel transaction

​​​August 2013 - Located in Sydney's iconic Circular Quay precinct, the Four Seasons Hotel is one of Australia’s most renowned five-star hotels. At AUD340 million, its sale, on behalf of Eureka Funds Management to Mirae Asset Global Investments, represented a record price for a single hotel asset in Australia.

It is also the first five-star hotel acquisition made by a Korean-based entity in Australia and was sold subject to a management agreement with Four Seasons Hotels and Resorts.

Over recent years the property has undergone an extensive AUD40 million renovation, including the addition of a new restaurant, bar and substantial state-of-the-art conferencing facilities. 

Boasting picturesque views of the Sydney Harbour Bridge and Opera House, the hotel offers 531 guest rooms & suites.

“The sale of the Four Seasons Hotel Sydney is a milestone transaction for the industry as it represents the debut hotel acquisition of a major five-star Australian hotel by a Korean-based entity.” Craig Collins, CEO - Australasia, Hotels & Hospitality Group.

Related Topics of interest

 

 

Sometimes the best advice is, "no, don't do it!"/australia/en-au/case-studies/72/sometimes-the-best-thing-you-can-hear-is-no-dont-do-itSometimes the best advice is, "no, don't do it!"Our clients felt that we were able to ensure that they didn’t make a mistake; particularly when they sourced their own opportunities and brought them to us for our review. Hear what they say..
Australia remains a safe haven for funds/australia/en-au/case-studies/71/australia-still-a-safe-haven-for-fundsAustralia remains a safe haven for fundsOur view generally is that Australia could well be a beneficiary of further Chinese outbound flows of capital if there is the speculated disruption in trade between the two economic power houses given our reputation as a safe haven for funds.
What is Investment Grade Property?/australia/en-au/case-studies/70/what-is-investment-grade-propertyWhat is Investment Grade Property?The stamp of “investment grade” is achieved after carefully analyzing an exhaustive list of equally important criteria and ensuring that they all play well together.