Accorinvest

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One of Australia’s largest hotel portfolios will soon be placed on the market by AccorInvest.
The AccorInvest hotel portfolio is made up of 23 real estate assets and lease interests located across Sydney, Melbourne, Canberra, Brisbane and Perth, together with several major regional cities.
JLL Hotels &amp; Hospitality Group’s Craig Collins and Peter Harper are handling the sale.
The AccorInvest Australian Hotel Portfolio encompasses 17 real estate assets comprising 1,797 rooms of which four are branded as ibis hotels and the other 13 ibis Budget hotels. Notable assets include the ibis Hotel &amp; Apartments Melbourne, ibis Sydney Airport, ibis Budget Sydney Olympic Park and ibis Newcastle. 
The six lease interests include The COMO Mgallery by Sofitel in Melbourne, the Novotel, Mercure and ibis hotels in Brisbane and the Mercure and ibis hotels in Perth. A full overview of the Portfolio is provided overleaf.
All hotels within the Portfolio are currently operated by AccorHotels, Australia’s largest hotel management company, under hotel management agreements. 
“Never before has an offering of this nature been presented to the open market in Australia," Craig Collins, CEO Australasia, JLL Hotels &amp; Hospitality Group, said.
"The pure scale of this portfolio and its diversity – in terms of location, market positioning and income profile - presents investors with an opportunity to immediately establish an unparalleled foothold in one of Asia Pacific’s most highly sought after hotel investment destinations.
“Economy hotels are a highly proven and successful hotel model in the Australian market.
"Their typically low operating costs and high level of profitability make them very attractive investments,” Collins added.
Peter Harper, Executive Vice President, JLL Hotels &amp; Hospitality Group said the portfolio occupy a combined 54,500 square metres of land.
AccorInvest Australian Hotel Portfolio: 
<table border="0" cellspacing="0" cellpadding="0" align="left"><tbody>
<tr>
<td valign="top" nowrap width="142">
Property
</td>
<td valign="top" width="198">
Location
</td>
<td valign="top" nowrap width="40">
State
</td>
<td valign="top" width="53">
Tenure
</td>
<td valign="top" nowrap width="49">
Rooms
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Canberra
</td>
<td valign="top" width="198">
15 Tay Street, Watson (pictured top)
</td>
<td valign="top" nowrap width="40">
ACT
</td>
<td valign="top" width="53">
Ground Lease
</td>
<td valign="top" nowrap width="49">
75
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Campbelltown
</td>
<td valign="top" width="198">
3 Rennie Road, Campbelltown
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
72
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Casula Liverpool
</td>
<td valign="top" width="198">
437 Hume Highway, Casula
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
74
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Coffs Harbour
</td>
<td valign="top" width="198">
1A Mclean Street, Coffs Harbour
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
70
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Dubbo
</td>
<td valign="top" width="198">
Victoria Street &amp; Newell Hwy, Dubbo
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
65
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Enfield
</td>
<td valign="top" width="198">
626-628 Liverpool Road, Strathfield South
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
80
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Newcastle
</td>
<td valign="top" width="198">
3-5 Thomas Street, Wallsend
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
79
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget St Peters
</td>
<td valign="top" width="198">
178 Princes Highway, St Peters
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
105
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Sydney Olympic Park
</td>
<td valign="top" width="198">
8 Edwin Flack Avenue, Sydney Olympic Park
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Ground Lease
</td>
<td valign="top" nowrap width="49">
156
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Wentworthville
</td>
<td valign="top" width="198">
377-383 Great Western Highway, Wentworthville
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
102
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
ibis Newcastle
</td>
<td valign="top" width="198">
700 Hunter Street Newcastle West
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
97
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Sydney Airport Hotel
</td>
<td valign="top" width="198">
205 O'Riordan Street, Mascot
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
200
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Thornleigh
</td>
<td valign="top" width="198">
208-212 Pennant Hills Rd, Thornleigh
</td>
<td valign="top" nowrap width="40">
NSW
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
105
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Brisbane Airport
</td>
<td valign="top" width="198">
18 Navigator Place, Hendra
</td>
<td valign="top" nowrap width="40">
QLD
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
93
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Dandenong
</td>
<td valign="top" width="198">
185-193 Princes Highway, Dandenong
</td>
<td valign="top" nowrap width="40">
VIC
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
71
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Budget Fawkner
</td>
<td valign="top" width="198">
1399 Sydney Road, Fawkner, Victoria
</td>
<td valign="top" nowrap width="40">
VIC
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
103
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Melbourne Hotel &amp; Apartments
</td>
<td valign="top" width="198">
15-21 Therry Street, Melbourne
</td>
<td valign="top" nowrap width="40">
VIC
</td>
<td valign="top" width="53">
Freehold
</td>
<td valign="top" nowrap width="49">
250
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
The COMO Melbourne - Mgallery
</td>
<td valign="top" width="198">
630 Chapel Street, South Yarra
</td>
<td valign="top" nowrap width="40">
VIC
</td>
<td valign="top" width="53">
Leased
</td>
<td valign="top" nowrap width="49">
110
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Mercure Perth
</td>
<td valign="top" width="198">
10 Irwin Street, Perth
</td>
<td valign="top" nowrap width="40">
WA
</td>
<td valign="top" width="53">
Leased
</td>
<td valign="top" nowrap width="49">
239
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Perth
</td>
<td valign="top" width="198">
334 Murray Street, Perth
</td>
<td valign="top" nowrap width="40">
WA
</td>
<td valign="top" width="53">
Leased
</td>
<td valign="top" nowrap width="49">
192
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Novotel Brisbane
</td>
<td valign="top" width="198">
200 Creek Street Brisbane City
</td>
<td valign="top" nowrap width="40">
QLD
</td>
<td valign="top" width="53">
Leased
</td>
<td valign="top" nowrap width="49">
296
</td>
</tr>
<tr>
<td valign="top" nowrap width="142">
Ibis Brisbane and Mercure Brisbane
</td>
<td valign="top" width="198">
16 Ann Street, Brisbane City
</td>
<td valign="top" nowrap width="40">
QLD
</td>
<td valign="top" width="53">
Leased
</td>
<td valign="top" nowrap width="49">
412
</td>
</tr>
</tbody></table>
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