Development Strategy & Property Advisory
New Esplanade Hotel
ClientH&M Capital Pty Ltd
Address18 The Esplanade, Perth.
Size195 hotel rooms and 89 apartments
EngagementJanuary 2016 - May 2016
DescriptionDemolition of the existing hotel to enable construction of a new five star, 40 storey hotel and apartment building, located opposite Elizabeth Quay.
ScopeDMG Property was appointed to advise the owner on the project feasibility including market analysis, yield potential and development strategies.
ReferenceRaymond Tan, Director, H&M Capital Pty Ltd