Asia Real Estate News: SINGAPORE’S UOL BUYS MELBOURNE HILTON FROM HOST HOTELS & RESORTS JV FOR $175 MIL

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Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).

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Source : Asia Real Estate News: SINGAPORE’S UOL BUYS MELBOURNE HILTON FROM HOST HOTELS & RESORTS JV FOR $175 MIL