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MHG Signs Two Avani Properties in Perth, Australia

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Minor Hotel Group has been selected by the Metropolitan Redevelopment Authority, subject to finalisation of definitive agreements, as the developer of Lots 2 and 3A within the Perth City Link project as the result of a competitive bid process.

 The deal, which represents an investment of more than A$110 million, will allow MHG to launch the Avani brand in Australia with an Avani Hotel and an Avani Residences.

The Perth City Link project boasts a prime location directly adjacent to the Perth Arena within walking distance of the proposed new bus terminal and is well serviced by public transport.

The redevelopment of two Lots by Minor Hotel Group will help to enhance the city centre and is a major milestone for the A$5 billion Perth City Link project, which is rapidly transforming the city and aligns with the governments vision to provide hotel and short stay accommodation in this precinct.

Lot 2 will be developed into an upscale Avani Hotel offering more than 250 keys, with a completion date scheduled for the last quarter of 2017.

 Lot 3A is to be developed into Avani Residences, offering more than 200 keys for sale, comprising of serviced one and two bedroom apartments.

Dillip Rajakarier, COO Minor International and CEO Minor Hotel Group, said, We are very excited to announce plans for this new hotel and residential development in the centre of Perth, which represents in parallel a significant investment for the group, the introduction of the Avani brand to Australia, as well as a new destination for Minor Hotel Group within Australia. Minor Hotel Group is already well established in the country with the Oaks brand and we have been actively exploring opportunities to bring some of our other brands into the Australasia region. The Perth City Link Development will see the debut of Avani, our dynamic upscale brand, and we are looking forward to working closely with the Western Australian government and the Metropolitan Redevelopment Authority of Perth to bring this exciting project to fruition.

The hotel is scheduled to open late 2017.

See other recent news regarding: Interviews, Pictures, Videos, MHG, Minor Hotel Group, Anantara, Avani, Perth

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