Business Services Industry
Bergers nab sought-after Cairns Hilton.
Australasian Business Intelligence, July, 2005
Jul 19, 2005 (The Australian Financial Review - ABIX via COMTEX)
A private company has bought a hotly- contested waterfront hotel in Cairns. The Berger family's BG Investment Holdings acquired the Hilton Hotel for $A32 million. The vendor was Daikyo, which has been selling off property in Australia. So far, Daikyo has sold some $A290 million worth of Australian assets. There was fierce competition for the Hilton Hotel. Earlier, BG Investment purchased the Holiday Inn in Cairns for $A20 million. Daikyo has almost finished its divestment of Australian property.
Publication Date: 20 July 2005
BG INVESTMENT HOLDINGS PTY LTD:
HOLIDAY INNS AUSTRALIA PTY LTD:
DAIKYO INCORPORATED:
THAKRAL CORPORATION PTY LTD:
THAKRAL HOLDINGS...
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