Developments

Elanor buys Bell City

Elanor ¬Investors Group has acquired the Bell City Hotel and conference centre in Preston, Victoria for $142.875 million from Asian Pacific Group.

The hotel was developed by the Deague family out of a hospital with 828 rooms and serviced apartments, student accommodation, retail and meeting facilities. It includes the Rydges Hotel.

The site has development approval for twin 14-storey towers with 400 apartments.

Elanor recently purchased a share of City Hotel in Sydney with Mantra for $21 million, and has the Hotel Ibis Styles at Eagle Hawk in Canberra, the Mantra Wollongong and Peppers Cradle Mountain Lodge.

Related Articles

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Back to top button
WP Tumblr Auto Publish Powered By : XYZScripts.com
AccomNews
0
Would love your thoughts, please comment.x
()
x