# Hoi Hup Realty buys Sydney hotel for A$201.8 mil, marking entry into Australian property market

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-31T08:48:43.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/hoi-hup-realty-buys-sydney-hotel-a2018-mil-marking-entry-australian-property-market
- **Topics:** Transactions & Deals, Investment & Capital Markets, Regional Markets

## Featured rationale

Strong domestic and international interest in the sale signals investor confidence in Sydney hospitality assets and may encourage further cross-border acquisitions by Singapore developers.

## AI summary

Hoi Hup Realty entered Australia by purchasing Sydney’s 309-room Four Points by Sheraton Sydney, Central Park for A$201.8 million, equivalent to A$653,074 per key.

## Original article

Singapore property developer Hoi Hup Realty has purchased Four Points by Sheraton Sydney, Central Park for A$201.8 million ($184 million), marking its first foray into the Australian property market. The price translates to A$653,074 per key for the 309-room hotel.

The property was purchased from US private equity firm KSL Capital Partners, reported the Australian Financial Review. KSL Capital had acquired the property in October 2021.

JLL and CBRE brokered the sale of the hotel to Hoi Hup Realty. Gus Moors, managing director at JLL’s Hotels & Hospitality Group, said that the sale process received strong interest from both domestic and international investors.

Read also: Mitsubishi Estate Asia sells 49.9% stake in Australian land lease portfolio for A$400 mil

Marriott International, which owns the Four Points by Sheraton brand, manages the hotel. It first opened in 2018 as a 297-key property.

The hotel recently completed extensive renovations, including the conversion of a conference floor into 12 new guest rooms and a revamp of its ground-floor F&B offering.

The guest rooms include 45 suites, while hotel facilities comprise a fitness centre, conference and meeting spaces, and 44 carpark spaces.

The hotel is located in Chippendale, a Sydney suburb within Tech Central, a major technology and innovation district in the city. Landmarks nearby include the University of Sydney, University of Technology Sydney, and the Darling Harbour convention and entertainment precinct.

## Chinese translation

> Translation model: grok_cli

### Hoi Hup Realty以澳元2.018亿元购入悉尼酒店，标志着进军澳洲物业市场

Hoi Hup Realty以每间客房澳元653,074元的价格，购入拥有309间客房的Four Points by Sheraton Sydney, Central Park。

新加坡房地产开发商Hoi Hup Realty以澳元2.018亿元（新元1.84亿元）购入Four Points by Sheraton Sydney, Central Park，标志着其首次进军澳洲物业市场。该价格相当于这家309间客房酒店每间客房澳元653,074元。

据《澳大利亚金融评论报》报道，该物业购自美国私募股权公司KSL Capital Partners。KSL Capital于2021年10月收购该物业。

仲量联行（JLL）和世邦魏理仕（CBRE）促成了该酒店向Hoi Hup Realty的出售。仲量联行酒店及酒店业集团董事总经理Gus Moors表示，此次出售过程获得了本地及国际投资者的浓厚兴趣。

另读：Mitsubishi Estate Asia以澳元4亿元出售澳洲土地租赁投资组合49.9%股权

拥有Four Points by Sheraton品牌的万豪国际（Marriott International）管理该酒店。酒店于2018年开业，当时为297间客房。

该酒店近期完成大规模翻新，包括将一层会议楼层改造成12间新客房，并升级了底层餐饮设施。

客房中包括45间套房，酒店设施包括健身中心、会议空间以及44个停车位。

该酒店位于悉尼Chippendale，地处该市主要科技与创新区Tech Central。附近地标包括悉尼大学（University of Sydney）、悉尼科技大学（University of Technology Sydney）以及达令港会展与娱乐区。