Singapore’s Jaleel Family Buys Hotels in Perth, Melbourne for $70M

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Singapore's Jaleel family has purchased hotels for $70 million in Perth and Melbourne, signaling Asian investors' continued confidence in Australian hospitality despite Middle East regional turmoil impacting tourism.

Asian investors are shrugging off concerns about the impact of Middle East turmoil on tourism and continue to invest in Australian hotels, with Singapore’s Jaleel family picking up a pair of hospitality assets in Melbourne and Perth for a total... Read More>> The post Singapore’s Jaleel Family Buys Hotels in Perth, Melbourne for $70M appeared first on Mingtiandi.