News

"A freestanding KFC on the corner of two major arterials in Thornbury is being brought to market via an Expressions of Interest campaign, representing the first city-fringe KFC to be offered in Victoria this year, highlighting the scarcity and tightly held nature of this asset class."

"Savills Australia and New Zealand has expanded its national presence across the hospitality and accommodation sectors, appointing award-winning commercial agent Benson Zhou to its Hotels team."

"For the first time in more than 30 years, the landmark 96-room Hotel Sophia on the corner of King and Little Lonsdale Streets in Melbourne’s CBD is being offered to market with vacant possession, via leading agency Savills Australia. Investor interest is expected to be high on the back of Savills’s recent sales of the nearby 190-room Batman Hill on Collins and the Carlton Lygon Lodge."

"Leading agency Savills Australia has been appointed to sell two permit approved sites in Melbourne’s popular city fringe suburb of Windsor."

"A former private hospital has been listed for sale in one of Melbourne’s most tightly-held Bayside suburbs."

"Park Ridge Town Centre, a neighbourhood shopping centre anchored by both Woolworths and Coles, has sold to a private investor in a transaction managed by Savills and illustrates the ongoing appeal of assets underwritten by non-discretionary retail."

"Savills Australia and New Zealand has announced the appointment of Chris Paul as Managing Director of its Western Australia business who, in addition to his new position, is extending his long-term role as National Director – Retail Valuation & Advisory with the global real estate brand."

"A trophy pub in the centre of Sydney’s CBD, has sold for circa $40m with the selling agents, Savills Australia & New Zealand & JLL Hotels & Hospitality Group describing the sale as one of the most significant pub sales thus far in 2023.  "

"Situated at the heart of a thriving regional centre, the Quest Dubbo, has been offered to market, listed exclusively for sale by Savills Australia and New Zealand."

"Savills plc, the international real estate advisor, today announces its unaudited results for the six months ended 30 June 2023."