Oscars Group has purchased Darlinghurst’s Kinselas and Courthouse hotels for $54 million, which is $7 million less than the asking price three years ago.
Investment and advisory firm MA Financial has sold the Kinselas Hotel and Courthouse Hotel in the inner-Sydney suburb of Darlinghurst to Oscars Group for $54 million.
The deal was struck at $7 million less than the price that collapsed hospitality group Virtical agreed to pay three years ago, when it tried to buy the venues but failed to settle the transaction.
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