Australian hospitality group TPG Hotels has acquired the freehold interest in the Pacific Hotel Cairns.
Pacific Hotel Brisbane changes hands for $44.8 million
The freehold interest in the Pacific Hotel Brisbane has been sold to the Gold Coast based Singh Enterprises for $44.8 million.
Pacific Hotel Brisbane listed for sale
Australian hotel owner operator Pacific Hotels is bringing a Brisbane asset to the market amid strong demand for accommodation investment opportunities in the 2032 Olympics city.