ABBOTSFORD’S PARK HOTEL HOT SALE BY AUCTION

Melbourne’s tightly-held freehold market has held to precedent, with the Park Hotel in Abbotsford selling at auction for more than 140 per cent of reserve, at a razor-sharp yield. Built in 1864, the Park sits on a big corner block

REDCAPE VESTIGES IN $24m ALL SEASONS SALE

Redcape has completed the sale of its very large-format All Seasons Quality Hotel in Bendigo for around $24 million, completing a process begun before Moelis bought the balance of the portfolio in June. Occupying 3.56 hectares on McIvor Highway in