Commercial Slae

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The Bowral Hotel has been sold to an undisclosed Sydney-based hotel operator for $6.35 million by the listed Lantern Group.
It sold through CBRE's Daniel Dragicevich​ and Ben McDonald.
Lantern Hotel's chief executive Jon Osborne said the sale was part of the ongoing divestment of non-core assets.
The group has sold five hotels in the past nine months, with two further sales under contract.
"The program is continuing with a sale of the Lawson Park Hotel, Mudgee.  
CBRE Hotels advised the sales campaign for the Bowral Hotel attracted more than 50 genuine inquiries and 13 initial offers.
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