This week we recorded 33 major transactions worth $1.35 billion. Vicinity's sale of 11 assets for a total of $631M was clearly the largest deal this week with SCA...

Weekly Transaction Update – 5th October 2018

Editor October 5, 2018 Comments Off on Weekly Transaction Update – 5th October 2018

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CDL to acquire Sofitel Brisbane Central

City Developments Limited, through its wholly-owned hotel subsidiary Millennium & Copthorne Hotels Limited and in a 50:50 Joint Venture (JV) with its New Zealand-listed subsidiary Millennium & Copthorne Hotels New Zealand Limited, has agreed to acquire the Sofitel Brisbane Central hotel in Australia from Brookfield Asset Management at a purchase price of A$177.7 million, or A$427,000 per key.

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