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News

Development

Developers Snap Up Former Como Private Hospital

"In a testament to the enduring appeal of Melbourne's premium suburbs, the former Como Private Hospital, located at 152 Como Parade in Parkdale, has been successfully sold to local developer Lowe Living. The transaction marks a significant milestone in the vibrant real estate landscape of Bayside, underscoring the area's desirability for both local and offshore developers."

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News

Hotel & Resort

Domestic Buyers Dominate Hotel Transactional Activity In 2023

"Australian hotel transaction volumes (by total value of transactions) grew to approximately $2.494 billion in the 2023 calendar year, according to a new report from Savills Australia and New Zealand. This figure is an increase of over 6% on the prior year, exceeding the total long-term average of $2.1 billion."

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News

Hotel & Resort

Savills Advises on Major Australian Hotel Transaction

"Savills Hotels is pleased to announce the sale of the Four Points by Sheraton Melbourne Docklands Hotel. The A$96 million off-market transaction that was brokered through Savills Hotels Mark Durran and Nik Sasic via a confidential off-market international sale process."

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