MOONEY HEDGES BETS WITH STRONGHOLD STAKE

Jaz Mooney’s Oxford Hotels has executed a sale-and-leaseback at its Grand Hotel, making hay in a hot market ahead of lingering uncertainty. Stronghold Investment Management, based in Brisbane, has paid a reported $13 million for the freehold of the landmark Grand Hotel and neighbouring properties, while Mooney’s operation remains on a 10-year lease agreement. The […]

MOONEY HEDGES BETS WITH STRONGHOLD STAKE Read More »