Commercial property: Laundy family moves on Sheraton Mirage to expand $1b hotel portfolio
The sale of the Sheraton Grand Mirage Resort on the Gold Coast will soon be finalised.
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The sale of the Sheraton Grand Mirage Resort on the Gold Coast will soon be finalised.
The sale of the Sheraton Grand Mirage Resort on the Gold Coast will soon be finalised.
With Twiggy Forrest paying $520m for the Waldorf Astoria, and hotels like the Intercontinental Double Bay on the market, over $2b in sales are tipped for 2023.
Luxury hotels are back, with sales reaching $2.14 billion in 2022 – the second-highest transaction volume on record. And there’s more to come this year.
As the COVID-19 pandemic ends and travel starts to ramp up, luxury hotels are back in focus with sales of prominent properties reaching $2.14 billion in 2022 – the second-highest transaction volume on record, – and there’s more to come this year.