Adina Hotel

SCHWARTZ REAPS $92m FOR DIXON’S THE DUKE PLUS ADINA

Morry Schwartz has divested two big properties in Melbourne’s East End, collecting $92 million for the Adina Hotel, and the city’s oldest pub, the Duke of Wellington, operated by Dixon Group. Publisher and property developer Morris ‘Morry’ Schwartz put the landmark properties to market in October, offering 2 Russell St, site of the recently upgraded […]

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SCHWARTZ PUTS UP $80m OF MELBOURNE HOTELS

The Schwartz family has listed two big Melbourne investment properties, including the city’s oldest pub – Dixon Hospitality Group’s Duke of Wellington. Melbourne freeholds continue to lead the charge on yield benchmarks, averaging below six per cent and dipping below three per cent on select properties. Publisher and property developer Morris ‘Morry’ Schwartz has put

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