News Articles for Ryan McGinnity

The property giant has added to its stable of regional accommodation assets, with the $6.45m purchase of Newman's Seasons Hotel from Ascot Capital.

Hotels are an increasingly attractive market segment for investors and owners.

The Adina Hotel on Barrack Street has been flagged for a refurbishment by its new owners, Sydney-based boutique fund manager Serene Capital.

The acquisition brings the national property fund manager's WA hotel acquisitions to $66 million.

Mandala Asset Solutions has made its debut in the WA property market after purchasing two regional accommodation properties for $17.5 million.

The property mogul and the restaurateur have bought the P&O Hotel for $5.3 million, as part of their expansion into Fremantle's west end.

Subiaco is set for resurgence, but it will take a coordinated approach from landlords, developers and council to take full advantage of its more than $500 million pipeline.

The Brighton Hotel in Mandurah has been purchased by a Perth-based syndicate for more than $3 million.

A Singaporean investment manager has bought the Sunmoon Boutique Resort in Scarborough for $8.3 million, with plans to transform the property into one of Australia's first build-to-rent projects.

Aigle Royal Developments has added a southern suburbs landholding to its portfolio, purchasing a 15.1-hectare tract of land in Baldivis for $10.3 million.

MLG Realty boss Marcus Gilmore is refocusing his efforts on his real estate business, which specialises in apartment sales, putting the Newman Hotel up for sale.

Henderson's Ship and Dock Inn, a prominent watering hole at the Australian Marine Complex, has been listed for sale by commercial real estate agency CBRE.