Several changes to the HPI board have been announced, including Charter Hall installing its own board members, as well as HPI’s CEO resigning.
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Linchpin Hospitality debuts with Empire Hotel dining concept
The Double Happy restaurant is the first launch by the new group, with several venues to have F&B and accommodation upgrades this year.
HPI advises shareholders to accept takeover
Charter Hall and Hostplus first bid to buy Hotel Property Investments in September last year, and are still buying up shares.
HPI rejects Charter Hall’s final takeover offer
The HPI board unanimously recommended that securityholders reject the bid, with AVC noting the strength of its current partnership with HPI.
HPI rejects Charter Hall and Hostplus takeover bid
Hotel Property Investments has rejected an unsolicited and conditional offer from Charter Hall and Hostplus to acquire the investment trust.
Charter Hall and Hostplus bid to buy HPI
Charter Hall Retail and HostPlus have announced a joint off-market takeover to acquire Hotel Property Investments.
AVC and HPI sell the Lord Stanley for $20m
The Lord Stanley Hotel, has been sold off-market to Hakfoort Group for $20m in a deal brokered by JLL Hotels & Hospitality.
AVC and HPI agree six-pub deal in Queensland
HTL Property has overseen deal which sees Australian Venue Co sell six freehold assets to Hotel Property Investments.
HPI agrees three separate hotel deals
Hotel Property Investments as entered into agreements to acquire three hotels for a combined $63.3M.
Deferred rent and extended leases strengthen HPI/QVC deal
QVC has exercised lease options on 28 of its venues with HPI.