THE PROPERTY DEVELOPMENT REVIEW
domestic and international investors given the hotel’s extensive size, value-add opportunities and its central CBD location. The hotel is perfectly situated to provide guests with easy access to some of the city’s largest office towers, including Westpac House, ANZ House, and Grenfell Centre, as well as cultural and entertainment demand drivers such as the Adelaide Central Market and the Adelaide Oval. “From 1st July 2026, the hotel will be afforded with vacant possession, supporting a range of future ownership strategies including re-engagement with Hilton, self- management or engaging an alternative third-party operator to drive performance.”
October / November 2024 – 119
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