Aussie hotels hit global investor’s radar
The smart people at JLL know a great asset class when they see one.
Ms Perez-Alvarado said that driving this offshore appetite were strong market fundamentals, a favourable exchange rate and the fact that the industry had further growth potential given “we are still not running with all our engines on”.
“The capital is here, the commitment to invest is here, we just need the product to become available so they can acquire them,”
Pi currently have several hotel opportunities in varying stages of diligence.
If you are keen to get exposure to this great and growing asset class you know who to call.
Link to AFR full article - click here
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