Asia Pacific Hospitality Newsletter - Week Ending 3 October 2025
Hospitality Net·2025-10-06 19:50
Serene Capital Acquires Quest Springfield Central for AUD26.7 Million in Queensland, AustraliaAustralia-based fund management company, Serene Capital, has acquired the 82-key Quest Springfield Central in Queensland, Australia from UK-based real estate investment manager, 90 North Real Estate Partners LLP, (“90 North”) and Saudi Arabia-based investment firm, Sidra Capital, for AUD26.7 million, reflecting AUD325,600K per key and a yield of approximately 7.65%. 90 North and Sidra Capital has acquired the build ...