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.
Indonesians extend hotel spending spree to $270m with Sydney deal commercialrealestate.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from commercialrealestate.com.au Daily Mail and Mail on Sunday newspapers.
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.