• Hilton Sydney sale

Hilton expects to raise at least AUD400m from the sale of the Sydney Hilton. Agents JLL has been appointed with the aim of completing a sale by mid 2015, reports Bloomberg.
The five star hotel has 579 rooms and Hilton aims to sign a management agreement with the new owner to continue branding the property. Hilton recently agreed the USD1.95bn sale of its Waldorf Astoria hotel in New York.
Read the fulls story here:
http://www.bloomberg.com/news/2014-11-19/hilton-said-to-seek-a-400-million-from-sale-of-sydney-hotel-1-.html

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