The National Rugby League has bought its sixth hotel under chairman Peter V’landys. The acquisition is worth more than the other five combined.
The NRL is in the final stages of buying the Novotel Sydney International Airport hotel for $115 million, its sixth hotel purchase in five years and the largest asset on its balance sheet.
The NRL and the hotel’s owner, property fund manager Charter Hall, exchanged contracts this month, and the transaction is likely to settle in the coming weeks.
Gift articles to anyone you choose each month when you subscribe.
Compare how 3 other independent news outlets reported on this story.
If Reece Walsh has been the star, Jacob Preston has been the Kangaroos’ surprise packet this World Cup. And how things are now with Stephen Crichton.
Harry Grant is just one of a clutch of Australian stars whose future is the subject of daily conjecture. For now, though, he only has eyes for Sunday’s World Cup final against New Zealand.
The cross-code sports star's latest project has hit the market, and she already has two more on the way.
