The HPI board unanimously recommended that securityholders reject the bid, with AVC noting the strength of its current partnership with HPI.
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Posted inNews
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.
Posted inNews
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.
Posted inNews
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.
Posted inNews
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.
Posted inAustralian Hotelier, Real Estate
HPI agrees three separate hotel deals
Hotel Property Investments as entered into agreements to acquire three hotels for a combined $63.3M.
Posted inAustralian Hotelier, News, Pub News, Real Estate
Deferred rent and extended leases strengthen HPI/QVC deal
QVC has exercised lease options on 28 of its venues with HPI.
Posted inAustralian Hotelier, News, Pub News, Real Estate
HPI announces Queensland Venue Company leases
Leases have been extended at 28 Queensland pubs under the new deal.
Posted inAustralian Hotelier
Charter Hall buys AVC Melbourne freehold
The freehold of the popular Harlow pub in Cremorne has been sold at a 5.75 per cent yield.
Posted inNews
Vale Don Smith
CEO and Managing Director of Hotel Property Investments, Don Smith, has passed away after a period of illness.