Wednesday, 11 November 2015 09:57

JLL sells Park Inn Sandton hotel for R265 million

The 273 room Park Inn Sandton hotel has been sold by way of Private Tender by JLL South Africa, realising a sale price of R265 million, 15% more than the vendor’s expectations.

Hospitality Property Fund announced today that it has concluded agreements to acquire further hotel and resort properties valued at R284,0 million

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