October 21, 2017 11:13 PM ET

Hotels, Restaurants and Leisure

Company Overview of City Freeholds Pty Ltd.

Company Overview

City Freeholds Pty Ltd. owns and operates a hotel and provides real estate development, management, and investment services. The company was incorporated in 1946 and is based in Sydney, Australia.

Level 19

15 Castlereagh Street

Sydney, NSW 2000

Australia

Founded in 1946

Phone:

61 2 9233 4477

Fax:

61 2 9232 2701

Key Executives for City Freeholds Pty Ltd.

Compensation as of Fiscal Year 2017.

City Freeholds Pty Ltd. Key Developments

Investors Reportedly Seeks To Acquire The Mill Complex

The sale of Sydney's The Mill complex, which includes the popular Grounds of Alexandria cafe, has attracted strong interest, with Dexus Property Group (ASX:DXS) tipped as the lead contender for the AUD 100 million site. The prominent property in South Sydney was put up for sale by The Goldman Sachs Group, Inc. (NYSE:GS) in July and other groups understood to have expressed interest include JPMorgan Asset Management (Australia) Limited and City Freeholds Pty Ltd. Goldman Sachs took control of The Mill, which was developed in 2008 by Albert Bertini's heritage development company Trivest, around three years ago from lender Suncorp after it bought a $1.6 billion parcel of bad loans. CBRE's Scott Gray-Spencer and Brendan Shipp were appointed to market the Alexandria site on behalf of PPB Advisory, who is advising the US investment bank.

Similar Private Companies By Industry

Company Name Region
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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 24, 2016
92 Pitt Street Office Complex
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