{"id":28395,"date":"2020-03-02T03:28:00","date_gmt":"2020-03-02T03:28:00","guid":{"rendered":"https:\/\/ramgroup.com\/next-stop-for-railway-hotel-in-yeppoon-jll\/"},"modified":"2024-08-13T07:41:20","modified_gmt":"2024-08-13T07:41:20","slug":"next-stop-for-railway-hotel-in-yeppoon-jll","status":"publish","type":"post","link":"https:\/\/ramgroup.com\/zh-hant\/in-the-media-zh-hant\/next-stop-for-railway-hotel-in-yeppoon-jll\/","title":{"rendered":"Next stop for Railway Hotel in Yeppoon JLL"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Independent Australian wealth and asset management firm, Real Asset Management, has successfully sold the hotel component of Keppel Bay Plaza in Yeppoon, Queensland for $6.5 million in a deal brokered by JLL Hotels &amp; Hospitality\u2019s Vice President, Tom Gleeson.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Railway Hotel and adjacent Star Liquor Warehouse were recently secured on new long-term leases, expiring in 2033.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Real Asset Management\u2019s reason for selling was to capitalise on the buoyant hotel market nationally.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>At a Glance:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Keppel Bay Plaza in Yeppoon, Queensland sold for $6.5 million<\/li>\n\n\n\n<li>The Railway Hotel and adjacent Star Liquor Warehouse were recently secured on new long-term leases<\/li>\n\n\n\n<li>The Railway Hotel is the premier venue in Yeppoon underpinned by strong trading across all major revenue streams<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Real Asset Management Head of Real Estate, Will Gray, said after obtaining significant value from re-leasing both assets, capital returns have been established for&nbsp;investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are continuing to see expenditure growth in Yeppoon and are excited by our proposed redevelopment plans for Keppel Bay Plaza,\u201d said Mr Gray.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yeppoon, 38 kilometres north of Rockhampton, is seen as the gateway to the southern Great Barrier Reef and the famed Great Keppel Island.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe Railway Hotel is the premier venue in Yeppoon underpinned by strong trading across all major revenue streams and benefiting from its convenient location within Keppel Bay Plaza,\u201d said Mr Gray.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Keppel Bay Plaza is one of 13 convenience shopping centres in Real Asset Management\u2019s Australia retail portfolio which has assets of more than $370 million and an overall property portfolio of $460 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The firm recently launched a separate medical property fund to tap into the stable, non-cyclical returns available from investing in medical-related facilities as Australia\u2019s population continues to age.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Independent Australian wealth and asset management firm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25279,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[],"post-type":[],"class_list":["post-28395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-the-media-zh-hant"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - 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