Serene Capital Secures Quest Hotel for $26.7M

A landmark hotel asset in one of Queensland’s fastest-growing regional hubs has changed hands, with 90 North selling the Quest Springfield Central for $26.7 million, reflecting a yield of approximately 7.65%, to Serene Capital, a boutique funds management company.

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Property investor Realside has struck a deal to buy Maddington Central, a shopping centre located 17km from Perth’s central business district, from listed landlord Vicinity Centres for $107 million. Now, it’s seeking equity backers to come in on the investment. Street Talk understands potential investors have been told Realside has secured the investment in an […]