The Tasmanian hotel was sold to a private syndicate for approx. $50m
Hobart’s luxury waterfront MACq1 Hotel sold for approx. $50m
114-key hotel is currently managed by Federal Group
JLL Hotels brokered the deal on behalf of Vos Group
Hobart’s MACq1 Hotel has apparently sold to a syndicate of investors for approx. $50 million.
The 114-key hotel is currently managed by Federal Group, who is part of the purchasing syndicate.
JLL Hotels brokered the deal on behalf of Vos Group. JLL Hotels executive vice-president Peter Harper said MACq1 is the fifth Tasmanian sale for his agency this year, with another major Tasmanian hotel asset also under contract.