
Hotel Resort Sales Facilitates Landmark Sale of Three Brisbane Management Rights to Meriton
Contributed By: TheOnsiteManager.com.au on
Hotel Resort Sales is excited to announce the successful completion of a major transactioninvolving the combined sale of three premier management rights businesses in Brisbane toMeriton Group. Acquired from Aurora Assets Management Group, the properties includeNewstead Towers, Broadway on Ann, and Aqua Newstead comprising of over 710 lots.This multi-million-dollar deal represents a significant milestone in Brisbane’s rapidly growingaccommodation sector and marks Meriton’s first acquisition in the management rights space inQueensland. The landmark transaction underscores Hotel Resort Sales’ expertise in connectingleading operators with premium management rights opportunities. The properties, situated side by side in sought-after inner-city Brisbane CBD, offer stronginvestment potential and align with Meriton Group’sRead More →