{"id":272644,"date":"2026-09-01T06:15:00","date_gmt":"2026-08-31T23:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=272644"},"modified":"2026-08-31T21:35:32","modified_gmt":"2026-08-31T14:35:32","slug":"four-points-by-sheraton-sydney-central-park-sold","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2026\/09\/four-points-by-sheraton-sydney-central-park-sold\/","title":{"rendered":"Four Points by Sheraton Sydney, Central Park sold"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">SYDNEY, 1 September 2026: Four Points by Sheraton Sydney, Central Park has been sold to Singapore-based Hoi Hup Realty Pte Ltd (\u201cHoi Hup\u201d) for USD201.8 million, marking the first time the group has entered the Australian property market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction underscores continued investor appetite for quality hotel assets in Sydney\u2019s central business district.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"398\" src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354-600x398.png\" alt=\"\" class=\"wp-image-272651\" style=\"aspect-ratio:1.5087719298245614;width:484px;height:auto\" srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354-600x398.png 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354-300x199.png 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354-768x509.png 768w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354-696x462.png 696w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354-1068x708.png 1068w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354-633x420.png 633w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/08\/image-354.png 1532w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\"><em>Photo credit: Four Points by Sheraton Sydney, Central Park.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Gus Moors and Andrew Langsford from JLL\u2019s Hotels &amp; Hospitality Group completed the transaction with Michael Simpson from CBRE Hotels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis transaction highlights the ongoing strength of the Sydney hotel investment market,\u201d said JLL\u2019s Hotels &amp; Hospitality Group Managing Director Gus Moors. \u201cInvestment-grade hotel assets in Sydney remain tightly held, and opportunities to acquire properties of this calibre are rare. The competitive sale process reflected strong interest from both domestic and international investors.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Andrew Langsford added: \u201cFour Points by Sheraton Sydney, Central Park offered investors the opportunity to acquire a modern, well-located asset in the heart of Tech Central. The hotel\u2019s strategic position within this rapidly developing precinct, combined with recent capital improvements, positioned it as an attractive investment proposition.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The hotel, which opened in late 2018, has recently undergone extensive capital expenditure works, including converting an under-utilised conference floor into 12 new guest rooms, as well as renovating and repositioning the ground-floor food and beverage offering to capitalise on the area\u2019s residential density and vibrant student population.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Four Points by Sheraton Sydney, Central Park features 309 guest rooms including 45 suites, together with a recently renovated bar and restaurant (\u201cDizzy Bird\u201d), fitness centre, 44 dedicated car parking spaces, and 270 sqm of conference and meeting space.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The property is located at 88 Broadway, Chippendale, forming part of Tech Central, a major technology and innovation district in Sydney. The precinct comprises several multi-billion-dollar office projects, including Dexus and Frasers Property\u2019s USD2.5 billion Central Place Sydney, which encompasses over 140,000 sqm of office space. A major redevelopment adjacent to Central Railway Station will see Atlassian accommodate 4,000 employees as the anchor tenant of a USD1 billion, 39-storey timber tower.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The property benefits from excellent connectivity via Central Station, Sydney\u2019s busiest transport hub, which services trains, buses, light rail, and the recently opened Metro line.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The hotel is located near major demand drivers, including Chinatown, Surry Hills, the University of Sydney, the University of Notre Dame, the University of Technology Sydney, and the Darling Harbour convention and entertainment precinct.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Marriott International manages the hotel under the Four Points by Sheraton flag.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>(Source: JLL)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY, 1 September 2026: Four Points by Sheraton Sydney, Central Park has been sold to Singapore-based Hoi Hup Realty Pte Ltd (\u201cHoi Hup\u201d) for USD201.8 million, marking the first time the group has entered the Australian property market. The transaction underscores continued investor appetite for quality hotel assets in Sydney\u2019s central business district. Gus Moors [&hellip;]<\/p>\n","protected":false},"author":45,"featured_media":272652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4257,640],"tags":[],"class_list":["post-272644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asia-pacific","category-hotels"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Four Points by Sheraton Sydney, Central Park sold - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2026\/09\/four-points-by-sheraton-sydney-central-park-sold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four Points by Sheraton Sydney, Central Park sold - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SYDNEY, 1 September 2026: Four Points by Sheraton Sydney, Central Park has been sold to Singapore-based Hoi Hup Realty Pte Ltd (\u201cHoi Hup\u201d) for USD201.8 million, marking the first time the group has entered the Australian property market. 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