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Singapore-based Invictus Developments has added a fifth property to its Australian hotel portfolio, paying $61.8 million for a luxury boutique hotel in Sydney’s southern fringe...
Sydney’s The Old Clare Hotel will be under new management in 2024 following the AU$61.8 million purchase of the hotel by Singapore-based Invictus Developments.
The Karim family has expanded its Australian hotel portfolio to five properties after buying The Old Clare Hotel in Chippendale for $61.8m.